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Accounting 2102- Bonus Review Questions

Accounting 2102- Bonus Review Questions - Accounting 2102...

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Accounting 2102 – semester review questions Extra Credit – Enter the answers in the spaces corresponding to the question numbers . 36. Which one of the following tools of analyses is NOT commonly used in cost estimation? a. least squares regression b. scatter diagrams c. high-low estimation d. flexible budget variances 37. If a cost is identical under each alternative under consideration within a given decision context, the cost is considered: 38. Costs associated with converting raw materials into finished goods are known as: 39. Because variable costs respond to changes in the level of activity, they:
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