Fixed manufacturing overhead costs are included as part of Work in Process inventory under ______. Multiple choice question. var

Question

natita [175]

2 years ago

11

Fixed manufacturing overhead costs are included as part of Work in Process inventory under ______. Multiple choice question. var

iable costing only neither variable and absorption costing both variable and absorption costing absorption costing only

Business

1 answer:

Leona [35] · Answer 1 · 2023-03-30T14:34:11+03:00

In accounting, the fixed manufacturing overhead costs are included as part of Work in Process inventory under the absorption costing only

.

<h3>What is an absorption costing?</h3>

An absorption costing is an accounting method that captures all costs associated with the manufacturing of a product.

Hence, the practice is that the fixed manufacturing overhead costs are included as part of Work in Process inventory under the absorption costing only.

Therefore, the Option D is correct.