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Rahwa Desta
on Nov 17, 2024

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Another name for variable costing is

A) indirect costing
B) process costing
C) direct costing
D) differential costing

Variable Costing

An accounting method that only allocates variable costs to product costs, excluding fixed factory overhead.

Direct Costing

A pricing strategy that only accounts for direct costs in the production of goods, excluding fixed overhead expenses.

Indirect Costing

A method of accounting that allocates indirect costs to products or services, often used in costing overheads.

  • Perceive the contrast between absorption costing and variable costing, along with their effects on the financial performance of operations.
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DH
Delaney HurstNov 24, 2024
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