Variable costing is a less than perfect term to describe this inventory costing method because not all variable costs are inventoriable costs;only ________ manufacturing costs are inventoriable.
A)indirect
B)fixed
C)variable
D)direct

Question

Quizplus · Accepted Answer

Variable costing includes only variable manufacturing costs as inventoriable costs, excluding all fixed manufacturing costs from inventory valuation.

Variable Costing Is a Less Than Perfect Term to Describe