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  2. Topic
    Business
  3. Study Set
    Managerial Accounting
  4. Exam
    Exam 3: Cost Behavior, Cost Forecasting, and Segmented Income Statements
  5. Question
    Which of the Following Is True About the Cost Formula
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Which of the Following Is True About the Cost Formula

Question 111

Question 111

Multiple Choice

Which of the following is true about the cost formula given below? Total cost = $90,000 + ($300 × number of tax returns)
The term "total cost" is the:


A) independent variable.
B) dependent variable.
C) overhead rate.
D) mixed rate.

Correct Answer:

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