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    Cornerstones of Managerial Accounting Study Set 3
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    Exam 3: Cost Behaviour
  5. Question
    Drumheller Company's Total Cost = Fixed Cost + Variable Rate
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Drumheller Company's Total Cost = Fixed Cost + Variable Rate

Question 173

Question 173

Multiple Choice

Drumheller Company's Total cost = Fixed cost + Variable Rate × Output
-Refer to the Figure.Which element is the dependent variable?


A) variable rate
B) fixed cost
C) total cost
D) output

Correct Answer:

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