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  3. Study Set
    Managerial Accounting Study Set 23
  4. Exam
    Exam 1: Managerial Accounting and Cost Concepts
  5. Question
    Given the Cost Formula, Y = $16,000 + $3
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Given the Cost Formula, Y = $16,000 + $3

Question 1

Question 1

Multiple Choice

Given the cost formula, Y = $16,000 + $3.40X, total cost for an activity level of 4,000 units would be:


A) $13,600
B) $3,600
C) $29,600
D) $16,000

Correct Answer:

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