In Each Group

question 3

Multiple Choice

In each group. select the sentence with the correct relative pronoun and punctuation.

• A) Darlene Van Winkel owns a chain of hotels which she inherited from her grandfather.
• B) Darlene Van Winkel owns a chain of hotels, that she inherited from her grandfather.
• C) Darlene Van Winkel owns a chain of hotels that she inherited from her grandfather.

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Definitions:

Joint Production Costs

Costs incurred in the process where two or more products are produced together and the costs cannot be readily assigned to individual products.

Contribution Margin

A measure of profitability calculated as sales revenue minus variable costs; used to evaluate a product's contribution to covering fixed costs.

Machine Hour

A measure of production time or operation, calculated as the total hours a machine is run in the production process.

Net Realisable Value Method

A valuation method where the estimated selling price of goods is reduced by the completion and disposal costs.