Which of the following is true of a company that uses absorption costing?
A. Fixed production and fixed selling costs are considered to be product costs.
B. Unit product costs can change as a result of changes in the number of units manufactured.
C. Variable selling expenses are included in product costs.
D. Net operating income fluctuates directly with changes in sales volume.
Answer: B
You might also like to view...
A _____ can be thought of as a "tunnel" through the Internet or other public network that allows only authorized users to access company resources.
A. peer-to-peer LAN B. VPN C. WLAN D. WAN
In a corporation, the primary participants include all of the following, except
A. the employees B. the board of directors C. the shareholders D. management (led by the CEO)
What are the characteristics of large, growing markets which make them desirable?
What will be an ideal response?
What is treasury stock?
What will be an ideal response?