Question: Which statement is true regarding a costing method that includes all manufacturing costs - direct materials, direct labor, variable overhead and fixed overhead - as
Which statement is true regarding a costing method that includes all manufacturing costs direct materials, direct labor, variable overhead and fixed overhead as part of unit product costs?
A It under costs the product under job order costing.
B It over costs the product under job order costing.
C It IS consistent with generally accepted accounting principles GAAP
D It is NOT consistent with generally accepted accounting principles GAAP
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