Which of the following is true? • Depreciation cost is always product cost • Depreciation cost is always period cost • Selling expense if always part of period cost, regardless of product costing system • Income under absorption is always greater than variable costing because of deferment of FOH

Which of the following is true? • Depreciation cost is always product cost • Depreciation cost is always period cost • Selling expense if always part of period cost, regardless of product costing system • Income under absorption is always greater than variable costing because of deferment of FOH

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 20MC: Product costs under variable costing are typically: A. higher than under absorption costing B. lower...

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