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When production levels are expected to decline within a relevant range, what effects would be anticipated with respect to each of the following?
Freight Costs
Expenses incurred by a company for transporting goods, which may include shipping, handling, and insurance fees.
Asset Retirement Costs
Costs associated with removing equipment or property from service and disposing of it in accordance with legal and regulatory guidelines.
Depreciable Asset
A tangible or intangible asset subject to depreciation, reflecting the decline in the asset's value over its useful life.
Delivery Truck
A vehicle used by companies to transport goods from one location to another.
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