Yamato Company’s 2019 fixed manufacturing overhead costs totaled Php120,000 and variable selling costs totaled P45,000. 7. Under variable (direct) costing, how much of the costs are product costs? A. None             C. Php120,000 B. Php45,000      D. Php165,000 8. Under absorption (full) costing, how much of the costs are period costs? A. None            C. Php120,000 B. Php45,000     D. Php165,000

Managerial Accounting: The Cornerstone of Business Decision-Making
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ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
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Chapter8: Tactical Decision-making And Relevant Analysis
Section: Chapter Questions
Problem 11MCQ: Garrett Company provided the following information: Common fixed cost totaled 46,000. Garrett...
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Yamato Company’s 2019 fixed manufacturing overhead costs totaled Php120,000 and variable selling costs totaled P45,000.

7. Under variable (direct) costing, how much of the costs are product costs?
A. None             C. Php120,000
B. Php45,000      D. Php165,000

8. Under absorption (full) costing, how much of the costs are period costs?
A. None            C. Php120,000
B. Php45,000     D. Php165,000

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