Question: Expense A is a fixed cost; expense B is a variable cost. During the current year, the activity level has increased but is still
Expense A is a fixed cost; expense B is a variable cost. During the current year, the activity level has increased but is still within the relevant range. In terms of cost per unit of activity, you would expect which of the following statements to be true Expense A has remained unchanged. Expense A has decreased. Expense B has increased. Expense B has decreased.
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