Explain the effects of an increase in the volume of activity on the following costs: a) Total variable costs b) Variable cost per unit c) Total fixed cost d) Fixed cost per unit e) Total semi variable costs f) Semi variable cost per unit.

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Chapter 20, Problem 1BE

To determine

Explain the effects of an increase in the volume of activity on the following costs:

a) Total variable costs

b) Variable cost per unit

c) Total fixed cost

d) Fixed cost per unit

e) Total semi variable costs

f) Semi variable cost per unit.

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