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Which of the following is true regarding variable costing? A. It treats variable MOH costs...

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Accounting

Which of the following is true regarding variable costing? A. It treats variable MOH costs as period costs, rather than as product costs. B. It is allowed by the IRS for tax preparation. C. It is allowed by GAAP for external reporting purposes. D. It treats fixed MOH costs as period costs, rather than as product costs.

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