only direct materials, direct labor, and variable manufacturing overhead costs are considered product costs when using

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Only direct materials, direct labor, and variable manufacturing overhead costs are considered product costs when using variable costing.

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Asked 4/25/2016 12:11:27 PM

Updated 6/4/2019 9:43:10 AM

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nstlynmyvnn

Only direct materials, direct labor, and variable manufacturing overhead costs are considered product costs when using variable costing.

Added 6/4/2019 9:43:10 AM

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a status budget

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A static budget: shows planned results at the original budgeted activity level

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a static budget: a) should not be prepared in a company b) is changed only if the actual level of activity is different than originally budgeted c) shows planned results at the original budgeted activity level d) is useful in evaluating a manager's performance by comparing actual variable costs and planned variable costs

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A static budget: shows planned results at the original budgeted activity level

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which responsibility centers generate both revenue and costs?

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Updated 4/26/2022 9:02:15 PM

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emdjay23

Investment and profit centers responsibility centers generate both revenues and costs.

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