All of the following are inventoried under variable costing except:
A)direct materials.
B)direct labor.
C)variable manufacturing overhead.
D)fixed manufacturing overheaD.
E)items "C" and "D" abovE.

Question

Quizplus · Accepted Answer

Fixed manufacturing overhead is not inventoried under variable costing because it is treated as a period cost and is expensed in the period incurred rather than being allocated to products. Therefore, choice D is the correct answer.

All of the Following Are Inventoried Under Variable Costing Except