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Which of the following is true of opportunity costs? O a. a. They are equal to the sum of the prime cost and conversion cost.
Which of the following is true of opportunity costs? O a. a. They are equal to the sum of the prime cost and conversion cost. Ob. They are never included in the accounting records because they are costs of something that did not occur. Oc. They are costs that vary in total as output increases or decreases. Od. They are costs that can be easily and accurately traced to their cost objects
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