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Which of the following statements regarding relevant costs for decision - making is incorrect? A 1 , Fixed costs will not normally be relevant costs
Which of the following statements regarding relevant costs for decisionmaking is incorrect?
Fixed costs will not normally be relevant costs
Relevant costs are always cash flows
Variable costs will normally be relevant costs
Unavoidable costs are relevant costs
The cost delails for a product are as follows:
$ per unit
tableDirect material at $ per Direct labour $ per hour,Production overhead,
In July, of material and hours of labour will be available. Production in July is budgeted al units.
What is the limiting factor in July, and what is the shortfall?
tableA Limiting factor Material shortfall
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