In Variable Costing,fixed Costs Do Not Become Part of the Cost

question 149

True/False

In variable costing,fixed costs do not become part of the cost of goods manufactured,but are considered an expense of the period.

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Definitions:

Foot-In-The-Door

A persuasion technique where one starts with a small request to gain eventual compliance with larger requests.

Dispositional Attribution

The tendency to attribute someone's actions or behavior to their internal qualities or personality, rather than external factors.

Situational Attribution

The process of attributing a person's behavior to external or environmental factors.

Cognitive Dissonance

The psychological discomfort experienced when holding two or more conflicting beliefs, values, or attitudes simultaneously.