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What factor is the cause of the difference between

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What factor is the cause of the difference between profit as computed under absorption costingand profit as computed under variable costing?Select one:a. Absorption costing considers all manufacturing costs in the determination of profit whereasvariable costing considers only prime costs.b. Absorption costing allocates fixed manufacturing costs between cost of goods sold andinventories, and variable costing considers all fixed a manufacturing costs as period costs.
c. Absorption costing includes all variable manufacturing cost in product costs, but variablecosting considers variable manufacturing costs to be period costs.d. Absorption costing includes all fixed manufacturing costs in product costs, but variablecosting expenses all fixed manufacturing costs.Last year, Silver Company’s variable production costs totaled P7,500 and its fixed manufacturingoverhead costs totaled P4,500. The company produced 3,000 units during the year and sold2,400 u nits. There were no units in the beginning inventory. Which of the following statementsis true?Select one:
A cost that would be included in product costs under both absorption costing and variablecosting would be:Select one:
The first step involved in preparing a master budget isSelect one:

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Term
Fall
Professor
NoProfessor
Tags
Cost Accounting, Variable Manufacturing, d Variable manufacturing

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