The cost of a product in inventory under variable costing has elements of fixed overhead cost.Select one:TrueFalse

In throughput costing, return is computed as sales minus material cost.Select one:TrueFalse

Under the Marginal cost pricing, the price is determined on the basis of;  A. Fixed cost  B. Variable cost  C. Total cost  D. Average cost

43.Under the Marginal cost pricing, the price is determined on the basis of;  A. Fixed cost  B. Variable cost  C. Total cost  D. Average cost

The variable overhead cost is an example of a:a.Variable costb.Fixed costc.Semi-variable costd.Step cost

If you know that total fixed cost is $200, total variable cost is $600, and total product is 4 units, then average total cost must be