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Question 4 Problem 1-4 The CVP model assumes that over the relevant range of activity revenues and total costs are linear. O True O False
Question 4 Problem 1-4 The CVP model assumes that over the relevant range of activity revenues and total costs are linear. O True O False Question 5 Problem 1-5 Total manufacturing cost is equal to the sum of direct materials used and direct labor costs. O True O False Question 6 Problem 1-6 Direct costs can be conveniently traced to a cost object or pool. O True O False
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