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Which of the following is not a fixed cost: Select one: a. Lease charge b. Direct materials c. Depreciation d. Property taxes operating income budget

Which of the following is not a fixed cost:

Select one:
a. Lease charge
b. Direct materials
c. Depreciation
d. Property taxes

operating income budget is :

Select one:
a. revenues budget + cost of goods sold budget
b. revenues budget + cost of goods available for sale budget
c. revenues budget - cost of goods available for sale budget
d. revenues budget - cost of goods sold budget

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