Refer to the Table Below A)$6; $63
B)$12; $6
C)$6; $12
D)$63; $6

question 51

Multiple Choice

Refer to the table below. An output level of 15 units, this firm's accounting profit is ________, and its economic profit is ________. $$\begin{array} { | r | r | r | r | } \hline { \text { Quantity } } & { \text { Total Revenue } } & \text { Explicit Casts } & \text { Implicit Casts } \\\hline 10 & 50 & 36 & 5 \\\hline 15 & 75 & 63 & 6 \\\hline 20 & 100 & 93 & 7 \\\hline 25 & 125 & 125 & 8 \\\hline 30 & 150 & 161 & 9 \\\hline\end{array}$$

• A)$6; $63
• B)$12; $6
• C)$6; $12
• D)$63; $6

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Definitions:

Non-value Added Activities

Tasks or processes that do not add any direct value or benefit to the product or service from the perspective of the customer.

Electrical Component

A device that participates in an electrical circuit, serving a specific function such as resistors or capacitors.

Root Cause Cost Driver

The underlying factor or activity that fundamentally causes a cost to occur within a business.

Cost Driver Analysis

The examination of factors that cause costs to change, often used in activity-based costing to identify and manage those factors more effectively.