Question: Fixed manufacturing overhead is recorded initially as an asset (inventory) under ______________ costing but as an operating expense under ______________ costing. A. Absorption; indirect B.

Fixed manufacturing overhead is recorded initially as an asset (inventory) under ______________ costing but as an operating expense under ______________ costing.

A.

Absorption; indirect

B.

Variable; direct

C.

Absorption; variable

D.

Variable; absorption

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