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Answer all.theyre connected q , Chapter 2 material - Basic Cost Terms and Purposes Questions 1 through 4 are based on the following information: Each
Answer all.theyre connected
Chapter material Basic Cost Terms and Purposes
Questions through are based on the following information:
Each of the following items pertains to either ABC Electronics a manufacturing company or Osprey
Surf Shop a merchandising company Classify each item as either inventoriable costs or period costs. Indicate that the cost is a period cost by marking A on your scantron. Indicate that the cost is an inventoriable cost by marking on your scantron.
Assigning direct costs to a cost object is easier than assigning indirect costs to a cost object
A True
B False
An increase in production levels within the relevant range would
A not change variable costs per unit
B not change fixed costs per unit
C not change total variable costs
D change total fixed costs
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