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    Non-Value Added Activities; Total Quality Program, Variable Cost & Contribution Margin

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    1. Non-value added activities are those that do not add to a product's desirability.
    a. True
    b. False

    2. Target costing centers on new product and service development as opposed to managing the value chain for existing products.
    a. True
    b. False

    3. In a total quality program, the costs of internal and external failures may be traded-off against the costs of prevention and appraisal.
    a. True
    b. False

    4*. Variable costs which increase in total amount in direct proportion to increase in output represent a constant amount per unit of output.
    a. True
    b. False

    5*. The contribution margin is the difference between total revenue and fixed costs.
    a. True
    b. False

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    https://brainmass.com/business/quality-management/non-value-added-activities-quality-program-variable-cost-37035

    Solution Preview

    1. Non-value added activities are those that do not add to a product's
    desirability.
    a. True

    2. Target costing centers on new product and service ...

    $2.49

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