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What is meant by a business underlying cost structure

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4.2 a. What is meant by a business's underlying cost structure?

b. Why is this information valuable to managers?

4.6 a. What is a cost pool?

b. What is a cost driver?

c. How is the cost allocation rate determined?

4.7. Under what circumstances should an overhead department be divided into multiple cost pools?

5.2. Explain the essential differences between full-cost pricing and marginal cost pricing strategies.

5.7 a. Define contribution margin.

b. What is its economic meaning?

Reference no: EM132785218

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