Select the Word or Phrase in the Sentence That Is

question 111

Multiple Choice

Select the word or phrase in the sentence that is NOT used correctly.
Even though he had intended to keep the wallet at first, his conscious made him return it to its original owner.

• A)though
• B)conscious
• C)its
• D)at first

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Definitions:

Variable Costing

An accounting method that only includes variable production costs (costs that change with production levels) in product costs.

Unit Product Cost

The total cost associated with manufacturing a single unit of product, which includes direct materials, direct labor, and overhead.

Unit Product Cost

The total cost (including materials, labor, and overhead) divided by the number of units produced, indicating the cost to produce each unit of product.

Absorption Costing

A cost accounting method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed overhead - in the cost of a product.