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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:

Conditioned Response

A conditioned reaction developed in response to a previously irrelevant stimulus after its frequent association with a stimulus that elicits an automatic response.

Original CS

In classical conditioning, the conditioned stimulus (CS) that is consistently paired with an unconditioned stimulus (US) to produce a conditioned response (CR).

24 Hours

The period of time it takes for the Earth to complete one full rotation on its axis, typically defined as a day.

Discrimination

An aspect of learning in which the organism learns to respond differently to stimuli that have been associated with a US (or reinforcement), and stimuli that have not.

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