Jack Needs a Convenient Way to Browse the Internet, Read

question 980

Multiple Choice

Jack needs a convenient way to browse the Internet, read emails, and store basic data when he travels.Which of the following would be the best option for him?

• A) all-in-one computer
• B) desktop computer
• C) tablet
• D) high-end laptop

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Definitions:

Variable Costing

A cost accounting method that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in product costs and treats fixed manufacturing overhead as a period expense.

Net Operating Income

The profit a company makes after deducting operating expenses but before interest and taxes from its total revenue.

Direct Labor Cost

The expense associated with employees who physically convert raw materials into the company's products; considered a variable cost.

Absorption Costing

A method of inventory costing that includes all manufacturing costs, both variable and fixed, in the cost of a product.