Debits in the journal are always posted as debits in the ledger

Indicate whether the statement is true or false

TRUE

Business

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Which of the following represents the combined sum of direct materials and direct labor?

A) conversion costs B) period costs C) prime costs D) fixed costs

Business

If the variable cost per unit decreases, the total number of units required to break even will increase

Indicate whether the statement is true or false

Business