Variable costs are expenses that ________. a.remain constant on a per-unit basis but change in total based on activity level b.remain constant on a per-unit basis and remain constant in total regardless of activity level c.remain constant in total regardless of activity level within a relevant range d.decrease on a per-unit basis as activity level increases
Variable costs are expenses that ________. a.remain constant on a per-unit basis but change in total based on activity level b.remain constant on a per-unit basis and remain constant in total regardless of activity level c.remain constant in total regardless of activity level within a relevant range d.decrease on a per-unit basis as activity level increases
Chapter2: Building Blocks Of Managerial Accounting
Section: Chapter Questions
Problem 10MC: Variable costs are expenses that ____________________________ . remain constant on a per-unit basis...
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Variable costs are expenses that ________.
a.remain constant on a per-unit basis but change in total based on activity level
b.remain constant on a per-unit basis and remain constant in total regardless of activity level
c.remain constant in total regardless of activity level within a relevant range
d.decrease on a per-unit basis as activity level increases
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