Question: Which of the following statements is true? Multiple Choice Variable costing treats fixed overhead as a period cost. Absorption costing treats fixed overhead as a

Which of the following statements is true?

Multiple Choice

  • Variable costing treats fixed overhead as a period cost.

  • Absorption costing treats fixed overhead as a period cost.

  • Absorption costing treats fixed overhead as an expense in the period it is incurred.

  • Variable costing excludes all overhead from product costs.

  • Managers can manipulate earnings more easily under variable costing by varying the production leve

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