Which of the following costs are treated as product cost under variable costing —

CS Executive · Cost and Management Accounting · PYQS · December 2014
Which of the following costs are treated as product cost under variable costing —
(A) Only direct costs
(B) Only variable production costs
(C) Only material and labour costs
(D) All variable and fixed manufacturing costs.

Answer & Explanation:

Correct Answer: Option (B)

Correct answer: (B) Only variable production costs.

Topics: Costing Methods

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic