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    LSUQUE Posts: 1, Reputation: 1
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    Aug 26, 2009, 08:51 PM
    Variable costing approach
    How do you determine operating income by using the variable-costing approach to product costing?
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    Just Looking Posts: 1,610, Reputation: 480
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    Aug 28, 2009, 08:56 PM
    Variable costing excludes fixed manufacturing overhead from inventoriable costs. Under variable costing fixed overhead is a period cost, whereas under absorption costing fixed overhead appears in the cost of goods sold and the production volume variance.
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