Throughput Costing Considers Only Direct Materials and Direct Manufacturing Labour

question 106

True/False

Throughput costing considers only direct materials and direct manufacturing labour to be truly variable costs.

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Definitions:

Vice President

A person who is second in command in an organization, government, or corporation, directly below the president.

Ethology

The scientific study of animal behavior, often with a focus on behavior under natural conditions, and the understanding of behavior from an evolutionary perspective.

Biologically-Oriented

A perspective or approach that focuses on the biological or genetic factors in the study of organisms or behaviors.

Development

The process of growth or progression through a series of progressive changes, typically from a simpler to a more complex or better state.