The cost of manufactured products consists of direct materials, direct labor, and factory overhead. The...
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Accounting
The cost of manufactured products consists of direct materials, direct labor, and factory overhead. The reporting of all these costs in financial statements is called
a full disclosure.
b absorption costing.
c variable costing.
d None of these choices are correct.
If units sold are less than units manufactured, then
a variable costing income will greater than absorption costing income.
b variable costing income will be less than absorption costing income.
c variable costing income will be equal to absorption costing income.
d None of these choices are correct.
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