Which of the following is not a product cost? A. Direct labor. B. Indirect manufacturing costs. C. Direct materials. D. Manufacturing overhead. E. Advertising costs. advertising costs. which of the following statements is true regarding absorption costing? A. It is a not the traditional costing approach. B. It is not permitted to be .B performance report compares actual results with budgeted or proforma results with a objective to heighlight the ares of difference and which require appropriate action. difference with regard to favourable/unfavourable varience. 15. C A standar view the full answer .The following is true regarding absorption costing: d. It assigns all manufacturing costs to products. Example: Units produced:35000 units; Direct labour:$28 view the full answer .B if finished goods inventory increases absorption costing results in higher income the reason is that some of the fixed production overhead incurred during the period will be carried forward in cost finished goods inventory..
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