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Accounting for manufacturing overhead costs

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Which one of the following indicates a difference in accounting for manufacturing overhead costs under full and variable costing?

Under full costing, both variable and fixed manufacturing overhead costs are considered product costs, while under variable costing, all manufacturing overhead costs are period costs.

Under full costing, fixed manufacturing overhead costs are considered product costs and variable are considered period costs, while under variable costing, variable manufacturing overhead costs are product costs, while fixed are considered period costs.

Under full costing, all manufacturing overhead costs are considered product costs; while under variable costing, fixed manufacturing overhead costs are treated as period costs.

Under full costing, all manufacturing overhead costs are considered product costs, while under variable costing, all manufacturing overhead costs are considered period

Reference no: EM133031233

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