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Answer the Following Variable Costing Questions

question 23

Essay

Answer the following variable costing questions:
 Question  Variable Costing  Which costs are included as  product costs?  Which costs are included as  period costs? \begin{array} { | l | l | } \hline \text { Question } & \text { Variable Costing } \\\hline \text { Which costs are included as } & \\\text { product costs? } & \\\hline \text { Which costs are included as } & \\\text { period costs? } & \\\hline\end{array}


Definitions:

Ratio Schedule

In the context of behavioral psychology, a type of reinforcement schedule in which a response is reinforced only after a specified number of responses have occurred.

Interval Schedule

A type of reinforcement schedule where reinforcement is given to a response after a specific period of time has passed.

Positive Reinforcer

A positive reinforcer is any stimulus that, when introduced after a behavior, increases the frequency or likelihood of that behavior occurring again.

Negative Reinforcer

In behaviorism, an unpleasant stimulus that, when removed following a behavior, increases the likelihood of that behavior being repeated.

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