which of the following best describes costs assigned to the product under the variable costing…

which of the following best describes costs assigned to the product under the variable costing method?\ndirect labor (dl)\ndirect materials (dm)\nvariable selling and administrative (vsa)\nvariable manufacturing overhead (voh)\nfixed selling and administrative (fsa)\nfixed manufacturing overhead (foh)\nmultiple choice\ndl, dm, vsa, and voh.\ndl, dm, and voh.\ndl, dm, voh, and foh.\ndl and dm.\ndl, dm, fsa, and foh.

which of the following best describes costs assigned to the product under the variable costing method?\ndirect labor (dl)\ndirect materials (dm)\nvariable selling and administrative (vsa)\nvariable manufacturing overhead (voh)\nfixed selling and administrative (fsa)\nfixed manufacturing overhead (foh)\nmultiple choice\ndl, dm, vsa, and voh.\ndl, dm, and voh.\ndl, dm, voh, and foh.\ndl and dm.\ndl, dm, fsa, and foh.

Answer

Brief Explanations:

Under variable costing, only variable manufacturing costs are assigned to the product. Direct labor (DL), direct materials (DM), and variable manufacturing overhead (VOH) are variable manufacturing costs. Variable selling and administrative (VSA) is a period cost (not assigned to product). Fixed selling and administrative (FSA) and fixed manufacturing overhead (FOH) are also period costs (not assigned to product under variable costing).

Answer:

DL, DM, and VOH.