pehnical University - KadoorleMy courses20203الفرع الرئیيسیالأعمال والاقتصادانظمة معلومات محاسبيةرية نظري - طولكرمالامتحان النهائےالمحاسبة الإدارية نظريVariable costs are costs that:Select one:a. Both (a) and (b) above.enb. vary in total directly and proportionately with changes in the activity levelC. Neither of the aboved. remain the same per unit at every activity levelPrevious pageFinish atJump to...Return to: General29°C ualolenovo

The costs incurred in production can be classified as variable cost, fixed cost and mixed cost.

Variable costs are costs that: Select one: a. Both (a) and (b) above. b. vary in total directly and proportionately with changes in the activity level C. Neither of the above d. remain the same per unit at every activity level

Variable costs are costs that: Select one: a. Both (a) and (b) above. b. vary in total directly and proportionately with changes in the activity level C. Neither of the above d. remain the same per unit at every activity level

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

pehnical University - Kadoorle
My courses
20203
الفرع الرئیيسی
الأعمال والاقتصاد
انظمة معلومات محاسبية
رية نظري - طولكرم
الامتحان النهائے
المحاسبة الإدارية نظري
Variable costs are costs that:
Select one:
a. Both (a) and (b) above.
en
b. vary in total directly and proportionately with changes in the activity level
C. Neither of the above
d. remain the same per unit at every activity level
Previous page
Finish at
Jump to...
Return to: General
29°C ualo
lenovo

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PLEASE ANSWER ALL Write “True” if the statement is true and write “False” if the statement is false. Fixed cost is constant in total amount regardless of changes in activity level within the relevantrange. Cost function is an express that mathematically links costs, their behavior, and their cost driver. As volume decreases within the relevant range, variable cost per unit remains the same andfixed cost per unit increases.