Under variable costing,fixed manufacturing costs are treated as inventoriable product costs.

Name: Under variable costing,fixed manufacturing costs are treated as inventoriable product costs.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Under variable costing, fixed manufacturing costs are treated as period costs and are expensed in the period incurred, rather than being inventoried as product costs. Only variable manufacturing costs are included in the cost of goods sold calculation.

Under Variable Costing,fixed Manufacturing Costs Are Treated as Inventoriable Product