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Match the Following

Question 215

Matching

Match the following:

Premises:
The cost of producing one more unit
The difference in cost between two alternative courses of action
The total cost divided by the total volume
The combination of direct labour and manufacturing overhead costs
Costs that can be traced to the cost object
Responses:
Differential cost
Variable costs
Indirect cost
Sunk cost
The total cost divided by the total volume
Average cost
Marginal cost
Direct costs
Conversion costs

Correct Answer:

Differential cost
Variable costs
Indirect cost
Sunk cost
The total cost divided by the total volume
Average cost
Marginal cost
Direct costs
Conversion costs
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