Question: 1.The unit product cost under absorption costing does not include fixed manufacturing overhead cost. True or False 2. When determining the units to which costs

1.The unit product cost under absorption costing does not include fixed manufacturing overhead cost. True or False

2. When determining the units to which costs will be assigned in Equivalent Units, the beginning WIP units + units started into production = units completed and transferred out + ending WIP units. True or False

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