Solution-Which is true about a firm that uses absorption

Which is true about a firm that uses absorption costing

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Reference no: EM132958446

Problem 1: Which of the following is true about a firm that uses absorption costing?

Option 1: fixed overhead is classified as a product cost

Option 2: variable selling cost are included in the inventory value assigned to each product

Option 3: there would be no product cost

Option 4: fixed selling cost are included in the calculation of gross profit

Reference no: EM132958446

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Which is true about a firm that uses absorption costing

Reference no: EM132958446

Reference no: EM132958446

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