Question 10.RQ.1.2: Which of the following is a correct calculation of value add...

Which of the following is a correct calculation of value added:

(A) Sales revenue variable production costs
(B) Sales revenue direct labour costs
(C) Sales revenue all bought-in costs
(D) Sales revenue all variable costs.

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(C)
Direct labour is not a bought-in cost therefore options A, B and D are incorrect.

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