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According to the competitive trace theory of systems consolidation, _______. (Select all that apply.)
Direct Manufacturing Cost
Expenses directly tied to the production of specific goods, including materials and labor.
Relevant Range
The range of activity within which the assumptions about fixed costs and variable unit costs are valid for purposes of budgeting and decision-making.
Direct Costs
Expenses that can be directly traced to the production of specific goods or services, such as raw materials and labor.
Period Costs
Expenses that are not directly associated with the production process and are expensed in the period they are incurred.
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