The Work of the Legislative Assembly in 1792 Was Interrupted

question 35

Multiple Choice

 The work of the Legislative Assembly in 1792 was interrupted by a fear that

• A)the peasants would kill the king.
• B)Austria might invade France.
• C)Louis' army captured the regiments in Boston.
• D)the Revolution would fall from lack of ownership.
• E)the Catholic Church would excommunicate all members of the Third estate.

Understand the composition of product costs under variable costing.

Identify which costs are included in the cost of products manufactured under the absorption costing concept.

Distinguish between variable and absorption costing in the treatment of fixed and variable costs.

Recognize how variable and absorption costing impact the income statement presentation, specifically gross profit, contribution margin, and net profit.

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