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Under variable costing, fixed manufacturing overhead is: A. expensed immediately

ID: 2377688 • Letter: U

Question

Under variable costing, fixed manufacturing overhead is:


   A. expensed immediately when incurred.
   B. never expensed.
   C. applied directly to Finished-Goods Inventory.
   D. applied directly to Work-in-Process Inventory.
   E. treated in the same manner as variable manufacturing overhead. Under variable costing, fixed manufacturing overhead is:


   A. expensed immediately when incurred.
   B. never expensed.
   C. applied directly to Finished-Goods Inventory.
   D. applied directly to Work-in-Process Inventory.
   E. treated in the same manner as variable manufacturing overhead.

Explanation / Answer

expensed immediately when incurred.