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While selecting optimum product mix,

A. Ranks are assigned on the basis of highest contribution per unit of key factor

B. Ranks are assigned on the basis of lowest contribution per unit of key factor

C. No ranks are assigned

D. None of the above

Related Questions on Management Accounting Test Questions

Time value of money indicates that

A. A unit of money obtained today is worth more than a unit of money obtained in future

B. A unit of money obtained today is worth less than a unit of money obtained in future

C. There is no difference in the value of money obtained today and tomorrow

D. None of the above