54. The denominator level of activity applies to: a. fixed overhead costs only. b. variable overhead costs only. c. both fixed and variable overhead costs. d. actual but not standard costing systems.

Managerial Accounting
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54. The denominator level of activity applies to: a. fixed overhead costs only. b. variable overhead costs only. c. both fixed and variable overhead costs. d. actual but not standard costing systems.

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