Which of the following cost behavior assumptions is true? (You may select more than one answer.) a.

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Which of the following cost behavior assumptions is true? (You may select more than one answer.)

a. Variable costs are constant if expressed on a per unit basis.

b. Total variable costs increase as the level of activity increases.

c. The average fixed cost per unit increases as the level of activity increases.

d. Total fixed costs decrease as the level of activity decreases.

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Related Book For  answer-question

ISE Introduction To Managerial Accounting

ISBN: 9781260091755

8th Edition

Authors: Peter Brewer, Ray Garrison, Eric Noreen

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