cost which remains constant per unit

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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A cost which remains constant per unit
at various levels of activity is a
variable cost
fixed cost
mixed cost
O manufacturing cost
None of the above
Transcribed Image Text:A cost which remains constant per unit at various levels of activity is a variable cost fixed cost mixed cost O manufacturing cost None of the above
A fixed cost is a cost which
varies in total with changes in the level
of activity
remains constant per unit with
changes in the level of activity
varies inversely in total with changes
in the level of activity
remains constant in total with
changes in the level of activity
O None of the above
Transcribed Image Text:A fixed cost is a cost which varies in total with changes in the level of activity remains constant per unit with changes in the level of activity varies inversely in total with changes in the level of activity remains constant in total with changes in the level of activity O None of the above
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