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    Cost Accounting
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    Exam 2: An Introduction to Cost Terms and Purposes
  5. Question
    A Lease for a Store Calls for a Base Monthly
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A Lease for a Store Calls for a Base Monthly

Question 99

Question 99

True/False

A lease for a store calls for a base monthly rent of $1,500 up to $10,000 of sales with a possible additional monthly cost of 2% of sales over $10,000. The rent is a fixed cost for the month for a relevant range of zero to $10,000 sales.

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