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Match the Following

Question 271

Short Answer

Match the following:
A) Opportunity costs
B) Contribution margin
C) Sunk costs
D) Full cost of product or service
E) Sales mix
F) Variable costing
G) Constraint
H) Relevant costs
1) Benefits foregone by not choosing an alternative course of action
2) Costs that were incurred in the past and cannot be changed
3) Costs of developing, producing and delivering a product or service
4) Expected future costs that differs among alternatives
5) A factor that restricts production or sales of a product

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