Question: 4 . How does a company using variable costing account for its fixed manufacturing costs? Directly expense them to COGS as period costs Capitalize them
How does a company using variable costing account for its fixed manufacturing costs?
Directly expense them to COGS as period costs
Capitalize them directly in the WIP account as a product cost
Record them into the fixed manufacturing overhead accounts and expense them as period costs
Record them into the fixed manufacturing overhead accounts and then allocate them to WIP as a product cost
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