Variable Costs Per Unit Consist of Direct Materials,direct Labour,variable Factory

question 107

True/False

Variable costs per unit consist of direct materials,direct labour,variable factory overhead and variable selling and administrative costs.

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Definitions:

Camber

The angle of the wheels of a vehicle relative to the vertical direction, seen from the front of the vehicle. Positive camber means the top of the wheel is tilted away from the vehicle.

Toe

The angle at which the wheels of a vehicle are oriented in relation to its longitudinal axis, crucial for steering and stability.

Ball Joint Wear

The deterioration of a ball joint, a pivot point used in the steering and suspension system of a vehicle, which can lead to steering issues and uneven tire wear.

Rotational Torque

The twisting force that causes an object to rotate around an axis, pivotal in understanding the performance and efficiency of engines and mechanical systems.