When the variable costing method is used - 9714

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Request Description

When the variable costing method is used, fixed factory overhead appears on the income statement as a _____. 

A.   component of cost of goods sold

B.   fixed expense C.   production-volume variance D.   component of gross profit 

 

Solution Description

When the variable costing method is used, fixed factory overhead appears on the income statement as a _____.