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Which of the following statements is correct? ut of 1 estion Select one: O a. A direct cost can be traced to a specific cost
Which of the following statements is correct? ut of 1 estion Select one: O a. A direct cost can be traced to a specific cost object, while an indirect cost cannot. O b. An indirect cost can be readily traced to a cost object while a direct cost is traced only to manufacturing costs. O c. An indirect cost can be traced to a specific cost object, while a direct cost cannot O d. A direct cost can be readily traced to a cost object while an indirect cost is traced only to manufacturing costs Clear my choice Mct Company's total sales are $230,000. The company's direct material cost is $25,000. Its direct labor cost is $34,000. Its total manufacturing overhead costs consists of $15,000 variable costs and $30,000 fixed costs. Its total selling and administrative expense consists of $6,000 variable costs and 17,000 fixed costs. What is the total contribution margin? stion Select one: O a. $156,000 O b. None of the answers given O c. $150,000 O d. $140,000 O e. $209,000 f. $126,000
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