Variable Costing Is Also Called Direct Costing Because It Considers

question 85

True/False

Variable costing is also called direct costing because it considers other nonmanufacturing direct costs, such as direct marketing costs as inventoriable costs.

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Definitions:

Space

In statistics, it often refers to the set of all possible outcomes or results that we are studying or analyzing.

Characteristics

Characteristics are distinguishing traits, qualities, or properties that identify and differentiate individuals, groups, or things from one another.

Scatter Diagram

A graph that uses Cartesian coordinates to display values for typically two variables, showing how much one variable is affected by another.

Linear Relationship

A type of association where changes in a variable predictably correspond to changes in another variable with a constant rate.