Matching
select the letter corresponding to the term that best fits that statement. An item may be used more than once or not at all.
Premises:
Benefits foregone by not choosing an alternative course of action
Costs that were incurred in the past and cannot be changed
Costs of developing, producing and delivering a product or service
Expected future costs that differs among alternatives
A factor that restricts production or sales of a product
Responses:
Relevant costs
Sunk costs
Constraint
Contribution margin
Opportunity costs
Full cost of product or service
Sales mix
Variable costing
Correct Answer:
Premises:
Responses:
Relevant costs
Sunk costs
Constraint
Contribution margin
Opportunity costs
Full cost of product or service
Sales mix
Variable costing
Premises:
Relevant costs
Sunk costs
Constraint
Contribution margin
Opportunity costs
Full cost of product or service
Sales mix
Variable costing
Responses:
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