Variable costs are costs that: a) Vary inversely proportional with changes in activity b) Remain constant as activity changes c) Decrease on a per unit basis as activity increases d) Remain constant on a per unit basis as activity changes
Variable costs are costs that: a) Vary inversely proportional with changes in activity b) Remain constant as activity changes c) Decrease on a per unit basis as activity increases d) Remain constant on a per unit basis as activity changes
Chapter2: Building Blocks Of Managerial Accounting
Section: Chapter Questions
Problem 9MC: Fixed costs are expenses that ______________________________ . A. vary in response to changes in...
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Variable costs are costs that:
a) Vary inversely proportional with changes in activity
b) Remain constant as activity changes
c) Decrease on a per unit basis as activity increases
d) Remain constant on a per unit basis as activity changes
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