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ew History Bookmarks People Window Help a)Your Orders ×V ury.> STUDE-xy Take Test: Mid xeQ Accounting-Pr x Thelowerthe ya chapter s://bbhosted.cuny.edu/webapps/assessment/take/launch.jsp?course_assessment id 1128835 1&course; id- 15246211 Contribution Margin is: Total revenues less Total fixed costs Total revenues less Total variable costs Total costs less Total variable costs All of the above. QUESTION 17 Conversion costs are: O all manufacturing costs other than direct material costs. direct manufacturing costs all indirect manufacturing costs other than direct material costs O none of the above. QUESTION 18 Fixed unit cost varies with the number of units, although Total Fixed Cost is unchanged. This statement..... O True False

Explanation / Answer

16.

total revenue less total variable cost

option 2 is correct.

17.

option 1 is correct

18.

True

variable cost per unit is fixed although fixed cost pe unit varies with the output.

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