Advocates of Throughput Costing Maintain That ________

question 156

Multiple Choice

Advocates of throughput costing maintain that ________.

• A) both variable and fixed are necessary to produce goods; therefore, both types of costs should be inventoried
• B) all manufacturing costs plus some design costs should be inventoried
• C) fixed manufacturing costs are related to the capacity to produce rather than to the actual production of specific units
• D) except direct labor no other costs are truly variable in output

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Definitions:

National Labor Relations Board

A federal agency in the United States tasked with enforcing US labor law in relation to collective bargaining and unfair labor practices.

Labor Standards

Regulations and practices that relate to working conditions, including aspects like minimum wages, working hours, safety, and rights to organize.

Labor Cooperation

The collaboration between workers, employers, and sometimes governments, to improve working conditions, productivity, and workers' rights.

Free Trade Agreements

Bilateral or multilateral agreements between countries that reduce or eliminate barriers to trade, such as tariffs and import quotas, fostering increased trade and economic integration.