Try another version of this question What is the main difference between full absorption costing and variable costing? Full absorption costing does not recognize fixed costs as part of the product costs. Under full absorption costing, some fixed costs are included in the product costs and some variable costs are not. Full absorption costing counts all fixed and variable costs as product costs. Full absorption costing does not recognize variable costs as part of the product costs. Box 1: Select the best answer Under full absorption costing, some fixed costs are included in the product costs and some variable costs are not.
Try another version of this question
What is the main difference between full absorption costing and variable costing?
Full absorption costing does not recognize fixed costs as part of the product costs. Under full absorption costing, some fixed costs are included in the product costs and some variable costs are not. Full absorption costing counts all fixed and variable costs as product costs. Full absorption costing does not recognize variable costs as part of the product costs.
Box 1: Select the best answer