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Question 15 (0.5 points) Why is the distinction between variable and fixed costs important? It allows us to do cost-volume-profit analysis. It helps us understand

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Question 15 (0.5 points) Why is the distinction between variable and fixed costs important? It allows us to do cost-volume-profit analysis. It helps us understand the cost of a particular cost objective. It helps us understand financial statements for a manufacturing business prepared according to GAAP

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