Question: One commonality between absorption costing and variable costing is that under both costing methods, all variable manufacturing costs are inventoriable costs and all nonmanufacturing costs

One commonality between absorption costing and variable costing is that under both costing methods, all variable manufacturing costs are inventoriable costs and all nonmanufacturing costs in the value chain (such as research and development and marketing), whether variable or fixed, are period costs. True or flase

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