What Is the Value of AList After the Following Code

question 46

Multiple Choice

What is the value of aList after the following code is executed?
AList = [ 1, 2, 3 ]
AList.remove(2)

• A) [ 1, 2 ]
• B) [ 1, 3 ]
• C) [ 3 ]
• D) [ 1 ]

Understand the role of fixed and variable costs in costing methods.

Calculate the value of ending inventory under both absorption and variable costing.

Understand the concept of contribution margin.

Analyze the impact of cost structure on gross margin and contribution margin.

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