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Lassie Company Uses Cost-Plus Pricing and Has Calculated Total Variable

Question 40

Multiple Choice

Lassie Company uses cost-plus pricing and has calculated total variable manufacturing cost,total absorption manufacturing cost,and total cost for one of its products.Which of these costs would be the smallest?


A) Total variable manufacturing cost.
B) Total absorption manufacturing cost.
C) Total cost.
D) There is no difference between choices "B" and "C."
E) More information is needed to correctly answer the question.

Correct Answer:

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