The "elastic clause" in the United States Constitution grants Congress the power to make laws needed to operate the national government. This statement is found in Article 1 in the United States Constitution.
The answer would be letter B or choice B.
The answer is B
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Answer:
(A) Variable costing treats fixed overhead as a period cost.
Explanation:
Variable costing is an important concept in accounting. Under this method, manufacturing overhead is incurred in the period that a product is produced. Variable costing includes only variable manufacturing costs (direct materials, direct labor, and variable manufacturing overhead) in unit product costs. Moreover, it treats fixed overhead as a period cost.