Who Was Geronimo

question 38

Multiple Choice

Who was Geronimo?

• A) A Sioux warrior and chieftain who regularly defeated the U.S.army on the Great Plains
• B) The Nez Percé leader who said,"I will fight no more forever."
• C) A Cheyenne warrior and chieftain who led pitched battles against both Mexican and U.S.armies
• D) An Apache warrior and chieftain who led raiding parties and burned ranches on both sides of the Mexican border

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Definitions:

Absorption Costing

A costing method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed overheads - in the cost of a product.

Unit Product Cost

The total cost associated with producing a unit of product, including both direct materials and labor, as well as allocated overhead.

Period Cost

Costs that are expensed in the period in which they are incurred, not directly tied to the production process.

Variable Costing

A financial recording method that counts only the variable expenses related to production (direct materials, direct labor, and variable manufacturing overhead) in the pricing of products.