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LATEST 2024 ETS Business Exam Study Guide

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Accounting: What costs should be considered when making non-routine decisions? (3) - ANSWER The price of material, Factory overhead costs, and the price of labor Accounting: Total product/ units produced and sold equals?? - ANSWER Product Cost per Unit Accounting: What is a general explanation of what the contribution margin is? - ANSWER The difference between variable costs subtracted from sales Accounting: In a continuous budget plan how many months are generally planned? - ANSWER 12 mo...

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