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    Managerial Accounting Study Set 21
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    Exam 10: Activity-Based Costing Management
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    Profit Margin Equals a Product's Gross Margin Less the Cost
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Profit Margin Equals a Product's Gross Margin Less the Cost

Question 11

Question 11

True/False

Profit margin equals a product's gross margin less the cost of capacity resources needed to support its production.

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