Each cost in a manufacturing operation must be either fixed or variable and must be identified with a single cost driver.

Name: Each cost in a manufacturing operation must be either fixed or variable and must be identified with a single cost driver.
Brand: Quizplus
Rating: 4.7 (36 reviews)

Question

Quizplus · Accepted Answer

This statement is false. Some costs in a manufacturing operation may be semi-variable, meaning they have both fixed and variable components. Additionally, some costs may have multiple cost drivers.

Each Cost in a Manufacturing Operation Must Be Either Fixed