True about variable costing

Assignment Help Operation Management
Reference no: EM131638111

All of the following statements are true about variable costing except:

a) Material costs are included in product cost

b) Selling and administrative costs are not included in product costs

c) Fixed costs are included in product costs

d) Direct labor is included in product costs

e) Is not GAAP approved

Reference no: EM131638111

Questions Cloud

Identify and discuss the levels of the internet economy. : Identify and discuss the levels of the internet economy.
Forecast for period seven using four-period moving average : Using the data from the above, calculate the forecast for period 7 using a four-period moving average:
Explain about multicultural minds : Explain about “multicultural minds” and discuss implications for marketing strategies for multi-national companies (MNCs).
Developments increased visibility of supply chain management : Why have these developments increased the visibility of supply chain management?
True about variable costing : All of the following statements are true about variable costing except:
Regarding dbr except : All the following are true regarding DBR except:
Cultural differences along the five dimensions of cultures : When you study cultural differences along the five dimensions of cultures,
Consumer behavior stemming from individualistic : Give an example of cross-cultural differences in consumer behavior stemming from individualistic vs. collectivistic cultural dimension
Services purchasing process of telecommunication services : Identify the causes and consequences of risk in the services purchasing process of telecommunication services.

Reviews

Write a Review

Operation Management Questions & Answers

  Ideas on ways to improve logistics to increase profitability

You are a manager at Amazon and you need to present your ideas on ways to improve logistics to increase profitability.

  What are the four contract pricing structures available

What are the four contract pricing structures available? part 2 describe the appropriate utilization of each and the impact of the risk to the buyer and seller. What contract pricing structure would you use if you had little to no scope defined?

  Many organizations undergo process mapping

When looking at improving operations, many organizations undergo process mapping. This is a flowcharting of the processes to determine if the tasks being done are needed. At times, the process mapping shows some tasks are not needed and just add to t..

  Case study uses operations management functions

Prompt: For the first milestone of your final project, you will submit a managing operations case study analysis that uses the tools and techniques that operations managers use. This case study analysis will be incorporated into the final summative a..

  Define and discuss job analysis

Define and discuss job analysis. List and describe the steps in conducting a job analysis. What are some advantages and disadvantages of this technique?

  Describe the methodology or purpose of the policy

Security- What types of security policies and procedures does your place of employment have in place for campus information systems? Describe at least three and provide both the policy and procedure describe the methodology or purpose of the policy.

  What other unused variables such as political-economic

After reviewing the Ruth’s Chris Steak House Case posted with this exam on the class website, please answer the following questions concerning how the Steak House should respond to the international business challenges facing it. What other, unused v..

  Illustrate what would you recommend that they do.

WLAN worked well for one semester, but now more students have laptops with Wi-Fi built in also performance has deteriorated significantly. Illustrate what would you recommend that they do. Be sure to support your recommendations.

  Discuss the approach you would adopt in such a situation

When you get to the office and check your email you learn that the World Health Organization has placed a number of East Asian cities off limits for all but essential travel. You also learn that Canada has reported deaths they believe are due to S..

  What is the safety stock

The laundry firm that has the linen contract requires a 2-day lead time. The hotel expects a 98% service level to satisfy high guest expectations.

  Which methods seems the most appropriate

which mehods seems the most appropriate?

  Which bad design from list caught your attention

Read about bad designs at Bad Human Factors Designs Web site also answers subsequent questions: Which bad design from list caught your attention.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd