Answer:
Fixed inventory costs are treated in the same manner as they are under variable costing.
Explanation:
As we know that
The variable costing includes all the variable cost i.e direct material cost, direct labor cost and variable manufacturing overhead cost
While on the other hand the absorption costing is the costing in which all the cost i.e fixed cost and the irascible cost are considered
So the first option is not true as it should not be treated in the same way under both costing methods
Answer:
He would need to make up for missing today's training session because it is going to be a very important session that will help him a lot to improve his skills.
He would be mad about missing it because he would lose that valuable opportunity to improve his skills, as well as because he would have to make up for missing it.
He would regret missing the session for the same reason.
He tried missing today's session because he had other things on mind, more pressing tasks, the session is valuable but boring, etc.
<span>Kevin has analyzed the situation well. However, he should also consider the fact that he saved $10 by only purchasing the shirt.
Opportunity cost is the cost of the forgone alternative. Out of the 3 choices, he only purchased 1 of the choices, the opportunity cost are the other two choices. However, he is still capable of buying the flip-flops costing $10 but he chose not to do so. He should consider it as a savings aside from it being a lost opportunity.</span>
Answer:
I think it is a guarantee.
A automobile would be a asset
