The Name of a Property Is Given Followed by Part

question 289

Multiple Choice

The name of a property is given followed by part of an equation. Complete the equation to the right of the equal sign to
illustrate the given property.
-2x + (-2x) = inverse property of addition

• A) -4x
• B) 4x
• C) -2x + 2x
• D) 0

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Definitions:

Product Cost

The total cost associated with making or acquiring a product, including direct materials, direct labor, and overhead.

Period Cost

Costs that are not directly tied to the production process and are expensed in the period they are incurred, such as selling, general, and administrative expenses.

Fixed Cost

Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance premiums.

Variable Cost

A cost that varies with the level of output or sales, such as materials and labor directly involved in production.