In Japan

question 2

Multiple Choice

In Japan,

• A)activity-based costing is used more than in the U.S.
• B)companies prefer volume measures such as direct labor hours to assign overhead costs.
• C)labor cost reduction is less of a priority.
• D)developing more accurate product costs is more of a priority.

---

Definitions:

Fixed Inputs

Resources in production that remain constant in quantity regardless of the level of output or activity.

Variable Inputs

Resources used in production that vary with the level of output, such as raw materials.

Short-Run

A period of time in economics where at least one input is fixed, limiting the ability to fully adjust to market changes.

Gasoline Costs

Expenses related to the purchase of gasoline, often significant for individuals and businesses relying on transportation.