Subtract. Write the Answer in Lowest Terms

question 69

Multiple Choice

Subtract. Write the answer in lowest terms.
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Definitions:

Unit Variable Cost

The cost associated with producing one additional unit of a product, including labor and materials, which varies with the production volume.

Monthly Expenses

The total amount of money spent by an individual or organization within a month, covering all necessary and discretionary expenses.

Unit Variable Cost

The cost associated with producing one additional unit of a product, not including fixed costs.

Variable Cost

Costs that vary directly with the level of production or service activity, such as materials and labor costs, unlike fixed costs which remain constant regardless of activity levels.