Moving to another question will save this response. Question 3 Which of the foll

Question

Moving to another question will save this response. Question 3 Which of the following statements is true regarding variable costing? O It is a traditional costing approach. O Only manufacturing costs that change in total with changes in production level are included in product costs. O It is not permitted to be used for managerial reporting. O It treats overhead in the same manner as absorption costing O it makes it easier to manipulate earnings with changes in production levels. A Moving to another question will save this response

Explanation / Answer

Second statement is Correct.

Manufacturing cost which changes as production level changes, is condsidered in the variable costing.

All other statements are incorrect.

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