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luced a. 3. The average cost of goods or services decreases when the volume increases, if there will be: No Fixed Cost (0.5) b. No

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luced a. 3. The average cost of goods or services decreases when the volume increases, if there will be: No Fixed Cost (0.5) b. No Variable Cost C. Variable cost only d. Variable cost and Fixed 4. Conversion cost is the total of (0.5) a. Material, Labour and Manufacturing overhead

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