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While using a manual general ledger system, which of the following items would be included in the audit trail: general ledger, electronic images, journal vouchers, paper documents, source documents, special journals, and subsidiary ledgers?
Marginal Costs
The incremental cost associated with the production of one more unit of a service or product.
ATC
Average Total Cost, the sum of all production costs divided by the quantity of output produced, representing the per-unit cost of production.
AVC
Average Variable Cost, which is the total variable costs of production divided by the quantity of output produced.
Marginal Cost
The increase in total cost that arises from producing an additional unit of a good or service.
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