Business, 23.07.2021 02:10 allisonlillian
1. Costs that do not change with the change in the level of production for some time is classified as .
a. variable costs.
b. fixed costs.
c. mixed costs.
d. none of these choices are correct.
2. Under variable costing, the cost of goods manufactured consists of all except:.
a. direct materials.
b. direct labor.
c. variable factory overhead.
d. fixed factory overhead.
3. Costs that have characteristics of both a variable cost and a fixed cost are classified as .
a. variable costs.
b. fixed costs.
c. mixed costs.
d. none of these choices are correct.
Answers: 3
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