Question: Under the absorption costing approach, how do you account for fixed manufacturing overhead? Expense the full amount in the period incurred directly to the income

Under the absorption costing approach, how do you account for fixed

Under the absorption costing approach, how do you account for fixed manufacturing overhead? Expense the full amount in the period incurred directly to the income statement O It remains on the balance sheet It is prorated between the income statement and balance sheet based on how many units are produced versus sold in the period O None of these

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