Variable Costs Are Those That Do Not Change in Proportion

question 121

True/False

Variable costs are those that do not change in proportion to the level of production and include raw materials,direct labor,and the salaries of factory supervisors.

---

Definitions:

Derated

The process of operating a device below its rated maximum capability in order to prolong its life or ensure safety under certain conditions.

Raceway

An enclosed conduit that forms a physical pathway for electrical wiring, protecting wires and cables from damage and interference.

Ampacity

The maximum amount of electric current a conductor or device can carry before sustaining immediate or progressive deterioration.

Circular Mils

A unit of area used specifically in the calculation of wire cross-sectional areas, defined as the area of a circle with a diameter of one mil (one-thousandth of an inch).