Indicate whether each of the following descriptions applies to throughput costing by placing a Y...
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Accounting
Indicate whether each of the following descriptions applies to throughput costing by placing a Y (for yes") or a N (for "no*) in the space provided For overall assignment grading purposes, this question will not be marked as "incorrect," if eight of the ten component parts are correctly answered.)
Shows gross profit as a major subtotal
Inventories direct materials costs.
Is the basis for CVP analysis.
Treats fixed selling and administrative expenses as period costs.
