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7 Which of the following is NOT true about a supplier cost breakdown? a. Labor and material costs can vary across suppliers b. Markup

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7 Which of the following is NOT true about a supplier cost breakdown? a. Labor and material costs can vary across suppliers b. Markup (which determines profit) is a percent of price c. SGA is often calculated as a percent of factory cost d. Overhead is often calculated as a percent of labor e. All of the above are true

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