Question: 11 Since a mixed cost has both a fixed and a variable component, a Neither total cost nor unit cost will vary with changes in
11
Since a mixed cost has both a fixed and a variable component,
| a | Neither total cost nor unit cost will vary with changes in the level of activity. |
| b | Total cost will vary with changes in the level of activity, but unit cost will not. |
| c | Unit cost will vary with changes in the level of activity, but total cost will not. |
| d | Both the total cost and the unit cost will vary with changes in the level of activity. |
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
