What Item Would Not Be Part of the Cost of Inventory

question 7

Multiple Choice

What item would not be part of the cost of inventory under the variable costing method?

• A)depreciation on the manufacturing building
• B)direct materials
• C)direct labor
• D)all of the above would be included in the variable cost of inventory

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Definitions:

Justice

The principle of fairness and moral righteousness, especially in the administration of the law.

Rights

Fundamental entitlements or freedoms that are universally recognized and protected by law.

Rawls

A philosopher named John Rawls, known for his work on political philosophy and theories of justice, including the concept of "justice as fairness."

Individuals

Refers to single human beings, distinct from a group, class, or family.