All of the following are inventoried under variable costing except:
A. direct labor.
B. variable manufacturing overhead.
C. direct materials.
D. fixed manufacturing overhead.
E. variable manufacturing overhead and fixed manufacturing overhead.
Answer: D
You might also like to view...
On May 1, Cedar Inc purchases $100,000 of 10-year, Madison Corporation 6% bonds dated March 1 at 100 plus accrued interest. What entry would Cedar record when receiving its semiannual interest on September 1?
Winwood Construction purchased a crane on January 1 . 2013 . for $102,750 . At the time of purchase, the crane was estimated to have a life of six years and a residual value of $6,750 . In 2015, Winwood determined that the crane had a total useful life of seven years and a residual value of $4,500 . If Winwood uses the straight-line method of depreciation, what will be the depreciation expense
for the crane in 2015? a. $16,000 b. $13,250 c. $9,464 d. $8,000
A linear programming model has the following objective function:
Max: X12 + 3X2 + 4X3. This model violates a key linear programming model assumption. Indicate whether the statement is true or false
Municipalities generally divide their land into districts according to the land's present and potential future uses
a. True b. False Indicate whether the statement is true or false