Why is the term direct costing a misnomer for variable costing?

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Why is the term direct costing a misnomer for variable costing?

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Cost Accounting A Managerial Emphasis

ISBN: 978-0133138443

7th Canadian Edition

Authors: Srikant M. Datar, Madhav V. Rajan, Charles T. Horngren, Louis Beaubien, Chris Graham

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