Variable costing regards fixed manufacturing overhead as a(n) ________
A) administrative cost
B) inventoriable cost
C) period cost
D) product cost
Answer: C
Business
You might also like to view...
The activity-based costing system improves the allocation of ________
A) indirect manufacturing costs B) direct labor C) direct materials D) sales commissions
Business
Which of the following cases is the best example of a “natural monopoly”?
A. Kodak Corporation (producers of instant film developing products) B. Progress Energy Power Company (suppliers of electric power in most of North Carolina) C. Alcoholic Beverage Control (ABC stores) in North Carolina D. GPU consolidated mines of South Asia
Business