Which Type of Cost Does NOT Appear on a Variable

question 32

Multiple Choice

Which type of cost does NOT appear on a variable costing income statement?

• A) direct labour
• B) direct materials
• C) opportunity cost
• D) variable selling expense

Grasp the significance of capital investment in enhancing productivity and economic growth.

Appreciate the concept of social and public capital in contributing to the collective welfare.

Understand the methods of measuring a firm’s capital and investment.

Realize the importance of investing in software and technology as a form of human capital.

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Definitions:

Complete

Having all the necessary or appropriate parts; fully carried out; thorough.

Decompensation

A failure of the body's compensatory mechanisms to maintain functional stability, leading to worsening symptoms or the development of disease states.

Prefix

A set of letters that is added to the beginning of a word to change its meaning or create a new word.

Both

Referring to two specified or implied subjects together.