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Which one of the following statements is correct? A. Direct labour costs are easily traceable to the products that are manufactured. B. Fixed costs

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Which one of the following statements is correct? A. Direct labour costs are easily traceable to the products that are manufactured. B. Fixed costs do not change, irrespective of the circumstances. O C. Prime cost is sum of the direct materials, direct labour and manufacturing overhead costs. D. A variable cost is a cost that changes in inverse proportion to a change in activity levels.

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