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Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: What is the total period cost for the month under variable costing?
Phenol
An aromatic compound consisting of a benzene ring bonded to a hydroxyl group (-OH).
Ethanol
A volatile, flammable, clear liquid also known as alcohol, used as a solvent, in the manufacture of various chemicals, and as an intoxicant.
Acetic Acid
A weak carboxylic acid with the formula CH3COOH, known for its sour taste and pungent smell, used in vinegar.
Carbonyl
A functional group consisting of a carbon atom double-bonded to an oxygen atom, central to various organic compounds including aldehydes and ketones.
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