Matching Select the Appropriate Cost Behavior for Each of the Costs

question 40

Multiple Choice

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

• A)variable
• B)fixed

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Definitions:

Corporation

A legal entity that is separate and distinct from its owners, who are shareholders; it has its rights, privileges, and liabilities distinct from those of its members.

Legal Contracts

Binding agreements between two or more parties that are enforceable by law.