The costing method in which fixed factory overheads are added to inventory is —

CS Executive · Cost and Management Accounting · PYQS · June 2015
The costing method in which fixed factory overheads are added to inventory is —
(A) Activity based costing
(B) Marginal costing
(C) Direct costing
(D) Absorption costing.

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Costing Methods

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