Which Cost Estimation Method Would Involve Analyzing Direct Labor Subsidiary

question 109

Multiple Choice

Which cost estimation method would involve analyzing direct labor subsidiary accounts and classifying costs as as variable, fixed, or mixed to derive cost estimation formulas?

• A) the account analysis method
• B) the conference method
• C) the marginal costing method
• D) the incremental costing method

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Definitions:

Trans-

A prefix meaning across, through, or beyond, used to denote movement or change.

Hemoglobin

A protein found in red blood cells that carries oxygen from the lungs to the body's tissues and returns carbon dioxide from the tissues back to the lungs.

Meaning

The significance or interpretation of a thing, symbol, or event; the underlying purpose or concept.

Rhesus Factor

A protein substance on the surface of red blood cells that can cause immune response differences, significant in blood transfusion and pregnancy.