Solution-How variable costing is similar to absorption

How variable costing is similar to absorption costing

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Reference no: EM132596556

Question 1: Variable costing is similar to absorption costing in that:

A. Both recognize fixed costs as period costs.

B. Standard costs may be used with either method.

C. Both may be used for tax purposes.

D. They produce the same amount of pretax net income.

Reference no: EM132596556

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How variable costing is similar to absorption costing

Reference no: EM132596556

Reference no: EM132596556

Questions Cloud

Reviews

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Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

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