Question: 2 1 point What is absorption costing? Difference between net sales revenue and variable costs. Considers only variable manufacturing costs when determining product costs. None
point
What is absorption costing?
Difference between net sales revenue and variable costs.
Considers only variable manufacturing costs when determining product costs.
None of the choices are correct.
Considers direct material costs, direct labor costs, variable manufacturing overhead costs, and fixed manufacturing costs as product costs.
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