1. Refer to the information in 2.24. The gross margin percentage for last year was a. 12.57%...

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1. Refer to the information in 2.24. The gross margin percentage for last year was

a. 12.57%

b. 55.67%

c. 28.95%

d. 38.33%

2. The ability to assign a cost directly to a cost object by means of a causal relationship is

a. allocation

b. traceability

c. separability

d. value chain process

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Cornerstones of Cost Management

ISBN: 978-1305970663

4th edition

Authors: Don R. Hansen, Maryanne M. Mowen

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