For variable$-$costing

fooks

A$.$ Only the variable portion of product costs are capitalized as infventory $($an asset$)$

B$.$ Fixed manufacturing overhead costs are expensed as incurred.

C$.$ Sellinity, general, administrative $($SCRA$)$ expenses are separated into variable and fixed components, and both are expensed as incurred.

D$.$ All of the above.

A Variable costing income statement is in the same format as used for

$1$ point cost$-$volume$-$profit $($CVP$,$ breakeven$)$ analysis.$\text{'}$

True

False

The Sales price variance :

$1$ point

$($Actual $-$ Expected sales price$)$ Actual sales volume.

It is unfavorable when: Actual sale price $>$ Expected sale price.

True

False