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Lassie Company uses cost-plus pricing and has calculated total variable manufacturing cost, total absorption manufacturing cost, and total cost for one of its products. Which
Lassie Company uses cost-plus pricing and has calculated total variable manufacturing cost, total absorption manufacturing cost, and total cost for one of its products. Which of these costs would be the smallest?
Select one:
a. More information is needed to correctly answer the question.
b. Total cost.
c. There is no difference between total absorption manufacturing cost and total cost.
d. Total variable manufacturing cost.
e. Total absorption manufacturing cost.
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