Test: QUIZ ACC 117 CH 19-20 SU 2016 Time Remaining: 1:47:28 Email Instructor Questions b Multiple...

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Test: QUIZ ACC 117 CH 19-20 SU 2016 Time Remaining: 1:47:28 Email Instructor Questions b Multiple Choice 20-016 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. O O ● O ● 00 ● ● Which of the following statements is correct using the direct costing concept? a. All manufacturing costs are considered period costs. b. All manufacturing costs are included in the calculation of cost of goods manufactured. c. Only fixed costs are included in the calculation of cost of goods manufactured while variable costs are considered period costs. d. Only variable manufacturing costs are included in the calculation of cost of goods manufactured while fixed costs are considered period costs. 00 O Icon Key b Multiple Choice 20-016 cvg.cengagenow.com Email Instructor Test: QUIZ ACC 117 CH 19-20 SU 2016 Time Remaining: 1:47:28 Email Instructor Questions b Multiple Choice 20-016 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. O O ● O ● 00 ● ● Which of the following statements is correct using the direct costing concept? a. All manufacturing costs are considered period costs. b. All manufacturing costs are included in the calculation of cost of goods manufactured. c. Only fixed costs are included in the calculation of cost of goods manufactured while variable costs are considered period costs. d. Only variable manufacturing costs are included in the calculation of cost of goods manufactured while fixed costs are considered period costs. 00 O Icon Key b Multiple Choice 20-016 cvg.cengagenow.com Email Instructor

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d Only variable manufacturing costs are included in the calculation of cost of go... View the full answer