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mattkat1010 mattkat1010
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6 years ago
Fixed costs are sometimes allocated to individual products as part of the standard costing system. When this is the case, they should be treated as variable costs for purposes of future cost estimation.
[True or False]
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wrote...
6 years ago
 False
Explanation:  The danger is to regard these costs as variable rather than fixed. The analyst should distinguish carefully fixed costs from variable costs and not treat allocated fixed cost per unit as a variable cost.
mattkat1010 Author
wrote...
6 years ago
Upwards Arrow Correct again
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