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

Question 147

Question 147

Multiple Choice

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


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

Correct Answer:

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