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When a number of small businesses join their small requirements together and place one big order to the supplier, this is called: Done Cooperative purchasing

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When a number of small businesses join their small requirements together and place one big order to the supplier, this is called: Done Cooperative purchasing Speculative purchasing Market purchasing Group purchasing Which one of the following cost is not considered as product cost under marginal costing? ^ Done Fixed manufacturing expense Variable Selling expense All of these Variable administrative expense The overhead absorption rate calculated on the basis of prime cost, compared to the one calculated on the basis of direct labor cost, will be: .

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