Pre-existing data is also known as ____.

A. Primary Data
B. Free data
C. Secondary data
D. Online data

C. Secondary data

Business

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The following per unit information is available for a new product of Red Ribbon Company:

Desired ROI $ 20 Fixed cost 40 Variable cost 60 Total cost 100 Selling price 120 Red Ribbon Company's markup percentage would be a) 33%. b) 50%. c) 17%. d) 20%.

Business

In a process costing system, production costs are ________

A) adjusted and allocated by jobs B) not inventoried C) directly shown on the income statement D) accumulated by process

Business