Under Activity-Based Costing,benchmarks for Product Cost Should Contain an Allowance

question 117

Multiple Choice

Under activity-based costing,benchmarks for product cost should contain an allowance for

• A)idle time.
• B)idle time and scrap materials.
• C)spoilage.
• D)None of the responses are correct.

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Definitions:

Psychotherapy

The treatment of mental disorder by psychological rather than medical means.

Neuroticism

A personality trait marked by emotional instability, anxiety, moodiness, worry, and fear.

Personality Trait

Enduring characteristics or qualities that describe an individual's consistent manner of behavior, feeling, and thought.

Predisposition

An inclination or tendency to behave in a particular way or to be affected by a particular condition.