Question: EXAMINATION 2 ( i ) Help 3 4 On an absorption - costing income statement, which of the following is true? Multiple Choice Fixed manufacturing
EXAMINATION i
Help
On an absorptioncosting income statement, which of the following is true?
Multiple Choice
Fixed manufacturing overhead costs are period costs
Variable manufacturing overhead costs are period costs
Fixed manufacturing overhead costs are included in Cost of Goods Sold
Fixed selling and administrative expenses are included with Cost of Goods Sold
None of these answers are correct
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