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____________________ involves perceiving personal attacks,criticism,or hostile overtones in communication when no offense is intended.
Absorption Costing
In this accounting method, the complete cost of manufacturing a product, taking into account direct materials, direct labor, along with variable and fixed overheads, is included in the product's price.
Variable Costing
An accounting method that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in product cost calculations, excluding fixed overhead.
Unit Product Cost
The total cost (both fixed and variable) to produce a unit of product, often used in pricing and decision-making processes.
Absorption Costing
A product costing approach within accounting that captures the entirety of manufacturing costs—direct materials, direct labor, and overheads, whether they are variable or fixed.
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