One of the steps in applying the average cost method does not exclude: Group of answer choices add the beginning work in process costs to the current period's production costs divide the current period's production costs by the equivalent units subtract the beginning work in process costs from the current period's production costs A and B B and C

based on the attached what is the answer?

36.A cost increases or decreases in intervals as activity changes.     a. historical cost b. step cost c. fixed cost d. flexible cost e. budgeted cost

• The unit cost… a. is the total conversion costs divided by the number of units produced. b. is the total product costs divided by the number of units produced. c. product plus period cost d. is the total prime costs divided by the number of units produced. e. includes period costs.

Q3

I need the answer as soon as possible

Under variable costing, all fixed manufacturing costs are treated as a a. product cost included in the cost of goods manufactured. b. product cost included in the cost of ending inventory. c. period expense deducted from manufacturing margin. d. period expense deducted from contribution margin.

5

What is the key difference between Absorption and Variable Costing?   A Full Costing treats Manufacturing Overhead as a period cost   B Variable Costing treats Fixed Manufacturing Overhead as a period cost   C Absorption Costing only considers variable costs to calculate net income   D Variable Costing only considers variable costs to calculate net income

Which of the following is not a method of cost absorption? (a) Percentage of direct material cost (b) Machine hour rate (c) Labour hour rate (d) Repeated distribution method