Pitching live is generally frowned upon by MPR professionals

Under absorption costing and variable costing, how are variable manufacturing costs treated? Absorption Variable

a. Product Cost Product Cost b. Product Cost Period Cost c. Period Cost Product Cost d. Period Cost Period Cost

Which of the following statements describes an invoice from a supplier?

A) It is an order to purchase goods from a supplier. B) It is a statement from the supplier showing the goods purchased and the amount due. C) It is a report showing that the goods have been received in good condition, as ordered. D) It is a document authorizing a payment to a supplier.