Quiz Ch 6 - Managerial Accounting Quiz Chapter a' 6 Under...

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Accounting Quiz Chapter 6 a' 1. Under variable costing, only variable production costs are treated as product costs, 1True) False 2. Absorption costing treats all manufacturing costs as product costs. @ Fatse 3. When production exceeds sales for the period, absorption costing net operating income will exceed variable cqsting net operating income. ^-,.-" A9', False 4Jariable costing is better suited to cost-volume-profit calculations than absorption costing. @ Farse 5. How -would the foliowing costs be classified (product or period) under variabie costing at areiall clothing store? Cost of purohasing clothing Sales oommlsslons Produot Produot Product Period Period Produot Period Period 6. Which of the following costs at a manufacturing company would be treated as a product cost under the variable costins method? @irect materll cost B. property taxes on the factory building C. sales manage_r's salary D. all of these A. I
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Quiz Ch 6 - Managerial Accounting Quiz Chapter a' 6 Under...

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