B is not the correct answer
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.
Identifying a need or problem,identifying your choices,evaluating your choices,getting info about choices from diff sources,analyzing your resources,making a decision and taking an action?
Answer:
I think this is
D. The basic economic problem would be solved.
