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  3. 4e. in this problem, we are only considering the t

4e. In this problem, we are only considering the Total Cost (Fixed Cost + Variable...

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Accounting

4e. In this problem, we are only considering the Total Cost (Fixed Cost + Variable Cost) so explain why this approach is appropriate and eliminates the need to use Profit (Profit = Revenue- Total Cost) for decision-making?a) Revenue has no bearing on Profitb)c)d)Profit = Total Cost plus Revenue and Total Cost is largerTotal Cost = Profit plus RevenueSales volume is the same for both machines hence Revenue is the same for both machines therefore Total Cost is a surrogate for Profit

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