Match Each of the Following Descriptions with the Appropriate Costing

question 49

Short Answer

Match each of the following descriptions with the appropriate costing concept (a-c).
-May be used in a manufacturing company
A)Absorption costing only
B)Variable costing only
C)Both absorption and variable costing

• A)Absorption costing only
• B)Variable costing only
• C)Both absorption and variable costing

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Definitions:

Huguenots

French Protestants who followed the Reformed tradition, heavily persecuted in France before being granted rights in the Edict of Nantes in 1598.

Tithe

A tax or levy, traditionally one tenth of a person's income, paid to support the church or clergy.

Duke of Guise

A title in the French nobility, historically significant for its holders' roles in the Wars of Religion and the Catholic League in France.

Henry of Navarre

King Henry IV of France, known for his role in ending the French Wars of Religion through the Edict of Nantes.