Exercise 22.1 (Static) accounting terminology (LO22-1 ,LO22-4, LO22-6. The following are nine technical accounting terms. Responsibility margin , contribution margin, performance margin, transfer price, cost -plus transfer price, product cost, Common fixed cost, traceable fixed cost, committed fixed cost. Each of the following statements may/ or may not describe one of these technical terms. For each statement indicate the accounting term described, or answer"none" if the statement does not correctly describe any of the terms. a. The cost deducted from contribution margin to determine responsibility margin? b. cost to produce plus a predetermined markup? c. Fixed cost that are readily controllable by manager? d.a subtotal in responsibility income statement equal to responsibility margin plus committed fixed cost? e. The subtotal in a responsibility income statement that is most useful in evaluating the short-run effect of various marketing strategies on the income of the business? f.The subtotal in a responsibility income statement that comes closest to indicating the change in income from operations that would result from closing a particular part of the business? g. The amount used in recording products or services supplied by one business unit to another