Under Throughput Costing

question 29

Multiple Choice

Under throughput costing:

• A)Only direct variable manufacturing costs are inventoriable.
• B)Only direct fixed manufacturing costs are inventoriable.
• C)Only direct material costs are inventoriable.
• D)Only direct labour costs are inventoriable.

Evaluate the economic outcomes of different strategic interactions among oligopolistic firms using payoff matrices.

Understand why and how cartels and oligopolies form and their impact on market structures.

Identify the conditions under which collusion among firms in an oligopoly is more likely to occur.

Describe the characteristics and consequences of the kinked demand curve in oligopolistic markets.

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Definitions:

Achievement

The accomplishment of an aim or purpose, often associated with a sense of pride and fulfillment.

Affiliation

The need or desire of individuals to connect, belong, or be associated with groups or other people.

Power

The ability to influence or control the behavior of people or the course of events.

Stronger Your Needs

Intensifying the personal requirements or drives that motivate individuals to act in certain ways.