Question: Inventory under the variable costing method includes: Multiple Choice Direct materials cost, direct labor cost, and variable factory overhead cost. Prime cost but not conversion

Inventory under the variable costing method includes:

Multiple Choice

  • Direct materials cost, direct labor cost, and variable factory overhead cost.

  • Prime cost but not conversion cost.

  • Direct materials cost, direct labor cost, but no factory overhead cost.

  • Prime cost and all conversion cost.

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