QUIZ 2 Time left 00:22:17 A Question 3 Which one of the following is correct about variable costing systems? Select one: a. Focuses on both variable and fixed costs b. Normally result into a higher product cost compared to absorption costing systems c. Product cost does not include variable selling expenses. d. Calculate product cost as the sum of directs materials, direct labor and manufacturing overhead costs CLEAR MY CHOICE Question 4 Which one of the following will likely use a job-order costing system? Select one: a. A water bottling company b. A dairy product company c. A pencil manufacturing company d. An aircraft manufacturing company CLEARAMHALG W Atv imp