In Variable Costing,fixed Costs Do Not Become Part of the Cost

question 149

True/False

In variable costing,fixed costs do not become part of the cost of goods manufactured,but are considered an expense of the period.

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Definitions:

Two-Way Communication

A communication model where information flows back and forth between sender and receiver, facilitating dialogue and feedback.

Gatekeeper

An individual or group that controls access to something, often used to describe media professionals who decide which information is published or broadcasted.

Reporter

A person who researches, writes, and presents information in various media formats, often covering news stories and current events.

Editor

An individual responsible for overseeing and deciding the final content of publications.