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Which of the following statements is true of absorption and variable costing methods? a. absorption costing considers fixed manufacturing overhead to be period costs. b. both costing methods consider fixed manufacturing overhead to be product costs. c. both costing methods consider selling and administrative costs to be period costs. d. variable costing considers variable selling and administrative costs to be product costs.
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Which of the following statements is true of absorption and variable costing methods? a. absorption...
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