2023 Under variable costing all fixed costs including fixed product costs are an expense in the period during which they | Assignments Online
2023 Under variable costing all fixed costs including fixed product costs are an expense in the period during which they | Assignments Online
Assignments Online 2023 Business Finance
Under variable costing, all fixed costs (including fixed product costs) are an expense in the period during which they are incurred (i.e. fixed product costs won’t be part of the cost of goods sold). If fixed costs must be incurred during a given period, shouldn’t they be expense during that period? Does variable costing violate the matching principle? 100 words
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