Under absorption costing, fixed manufacturing overhead costs:
A. are deferred in inventory when production exceeds sales.
B. are always treated as period costs.
C. are released from inventory when production exceeds sales.
D. none of these.
Answer:A
Under absorption costing, fixed manufacturing overhead costs:
A. are deferred in inventory when production exceeds sales. B. are always treated as period costs. C. are released from inventory when production exceeds sales. D. none of these.