Which of the following is not a product cost under variable costing?
A)Direct materials.
B)Fixed manufacturing overhead.
C)Direct labor.
D)Variable manufacturing overhead.
E)All variable manufacturing costs.

Question

Quizplus · Accepted Answer

Under variable costing, only variable manufacturing costs (direct materials, direct labor, and variable manufacturing overhead) are included as product costs. Fixed manufacturing overhead is a period cost and is expensed in the period incurred rather than being allocated to products.

Which of the Following Is Not a Product Cost Under