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Cornerstones of Managerial Accounting Study Set 1
Quiz 13: Short-Run Decision Making: Relevant Costing
Refer to the Figure
Question 87
Multiple Choice
Refer to the Figure.What is the contribution margin per hour of machine time for Test B? A) $10 B) $20 C) $40 D) $100
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Q 88
Refer to the Figure.What is the contribution margin per hour of machine time for Test C? A) $10 B) $20 C) $40 D) $100
Q 89
Refer to the Figure.What is the contribution margin per unit of machine time for Test D? A) $20 B) $40 C) $100 D) $160
Q 90
The second step in making a short-run decision is to define the problem.
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