In 2008, the Obama Campaign Set New Records Not Only

question 22

True/False

In 2008, the Obama campaign set new records not only for total contributions but also for the number of individuals contributing to the campaign.

---

Definitions:

Production Costs

Expenses directly associated with the manufacturing of goods, including materials, labor, and overhead.

Variable Costing

A cost accounting method that includes only variable production costs in unit product costs, and treats fixed costs as period expenses that are charged against revenue in the period they are incurred.

Variable Costs

Costs that change in proportion to the level of goods or services a business produces.