A timid or unadventurous person: the impression that he is a colorless, indecisive wimp, and not a leader among men (James J. Kilpatrick).IMP. any of a group of weakly interacting elementary particles predicted by various unified field theories, as the W particle and Z-zero particle, that are characterized by relatively large masses. [1985â90; W(eakly) I(nteracting) M(assive) P(article) ].
Variable marketing costs $ 2 per unit Fixed manufacturing costs $60,000 per month Administrative expenses, all fixed $12,000 per month Ending inventories: Direct materials-0-WIP-0-Finished goods 750 units 9. (1 point) What is operating income when using absorption costing? a. ($23,500) b. $8,000 c. $15,000 d. $18,000 e. $33,000 f. $37,500 g.
Product costs are also called variable costs. It refers to that cost which varies in direct proportion to the volume of output. The cost per unit of product cost remains unchanged as production increases or decreases but total cost increases. So such type of costs are called product costs. For example; cost of direct material, direct labor and direct expenses. Image Source:advancedmp.com/wp-content/uploads/2013/11/cost_roller.jpg. Period cost is the fixed cost. It refers to that cost which remains unchanged by change in volume of out put. Fixed cost per unit decreases as production increases and increases as production declines.