Solved

Match the Following

Question 232

Matching

Match the following:

Premises:
Costs of developing, producing and delivering a product or service
Expected future costs that differs among alternatives
Costs that were incurred in the past and cannot be changed
A factor that restricts prod uction or sales of a product
Benefits foregone by not choosing an alternative course of action
Responses:
Opportunity costs
Constraint
Contribution margin
Relevant costs
Sunk costs
Sales mix
Full cost of product or service
Variable costing

Correct Answer:

Opportunity costs
Constraint
Contribution margin
Relevant costs
Sunk costs
Sales mix
Full cost of product or service
Variable costing
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