Select the Appropriate Cost Behavior for Each of the Costs

question 205

Multiple Choice

Select the appropriate cost behavior for each of the costs listed below.
-raw materials

• A)variable
• B)fixed

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Definitions:

Revised Article 9

An update to the Uniform Commercial Code that deals with secured transactions; it governs the process of securing assets to back a loan.

UCC

The Uniform Commercial Code is a widespread legislative schema that guides all commercial operations in the United States.

Security Agreement

is a legal document that provides a lender a security interest in a specified asset or property that serves as collateral for a loan.

Online

Connected to or available through the internet or other digital network.