Question: 13. Fixed costs A. React to all changes in the level of activity. B. Vary on a per unit basis. C. Are fixed on

13. Fixed costs A. React to all changes in the level of

13. Fixed costs A. React to all changes in the level of activity. B. Vary on a per unit basis. C. Are fixed on a per unit basis. D. None of these are true. 14. Variable costs A. Are fixed on a per-unit basis. B. Increase only with substantial changes in activity. C. Are closely associated with COGS. D. Increase on a unit basis as product prices go up.

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