Zusammenfassung der Ressource
Frage 1
Frage
Under both variable costing and absorption costing, all manufacturing costs are inventoriable costs.
Frage 2
Frage
Under both variable costing and absorption costing, all non-manufacturing costs in the value chain (e.g. R&D, marketing), whether fixed or variable, are considered inventoriable costs.
Frage 3
Frage
Managers can increase operating profit in a specific period by increasing production - even if there is no customer demand for the additional production. This can thereby provide an inaccurate overview for shareholders. This problem occurs with which type of costing?
Antworten
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Absorption costing
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Variable costing
Frage 4
Frage
Under variable costing, only variable direct materials, direct manufacturing labour and manufacturing overhead go into WIP, FG and COGS.
Frage 5
Frage
Supervisor salary is a fixed cost. How is treated under both costing types?
Antworten
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Under absorption costing, it would be included in the product cost. Whereas under variable costing, it will not be.
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Under absorption costing, it would be not be included in the product cost. Whereas under variable costing, it will be.
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Under both, it will be included in the product cost as fixed OH is treated the same.
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Under both, it will not be included in the product cost as fixed OH is treated the same.