MATCHING Match Each Description with the Item Below

question 56

Multiple Choice

MATCHING
Match each description with the item below.
-Roger B. Taney

• A)was a candidate for the presidency in the 1860 election
• B)led Pottawatomie Massacre
• C)elected president of the Confederate States of America
• D)died in July 1850
• E)caned Charles Sumner
• F)the "Little Giant" who succeeded in getting the Compromise of 1850 passed by breaking it into separate proposals
• G)argued that Congress needed to protect the right of slave owners to take their property into the territories
• H)was the chief justice for Dred Scott case
• I)was the 1848 Free-Soil presidential candidate
• J)was the president who supported the Compromise of 1850

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Definitions:

Variable Costs

Expenses that vary directly with the level of production or service activity, such as raw materials and direct labor costs.

Fixed Costs

Costs that do not vary with the level of production or sales, such as rent and salaries.

Relevant Range

The span of activity or volume level within which the assumptions about fixed and variable costs are expected to hold true.

Direct Product Cost

The sum of all costs directly associated with the production of a product, including materials and labor.