Question: a. Calculate the cost for the market research project based on absorption costing principles b. Calculate the relevant cost of the market research project c.

a. Calculate the cost for the market research project based on absorption costing principles
b. Calculate the relevant cost of the market research project
c. What are the standard costs identified in this case? What are the marginal or variable costs identified in this case? Explain why there is a difference between the costs calculated in a) and b) above

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