Question
[Managerial accounting] T/F for question #1 and #2 and multiple choice for question #3 1. Depreciation calculated using the units of production method is an
[Managerial accounting] T/F for question #1 and #2 and multiple choice for question #3
1. Depreciation calculated using the units of production method is an example fo a fixed cost T/F
2. Within the relevant range, fixed and variable behave similiary T/F
3. Which of the follwoing statements is true?
a. Activity-based costing is a more detailed and complex costing method than is JIT costing.
b. Activity- based costing and JIT costing are incompatible
c. Activity-based costing is a simplified cost system that does not track costs through the sequence of manufacturing operations.
d. All of the above statements are true.
Thank you!!
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