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Chapters 2 and 3 introduce you to basic cost behavior, cost-volume relationships, and ways to measure cost behavior. Based on these readings, perform the following.

Chapters 2 and 3 introduce you to basic cost behavior, cost-volume relationships, and ways to measure cost behavior. Based on these readings, perform the following. (25 points) (A 1-page response is required.)

  1. Complete a solution set for Fundamental Assignment Material - Exercise 2-A1, "Cost-Volume-Profits and Vending Machines" (p. 66). Be sure to show or explain how you arrive at each answer.
  2. Complete the Cognitive Exercises 3-25, 3-26, 3-27, and 3-28 (p. 113).

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