Question: Knowledge Check Identify each statement as describing variable costs or fixed costs. Vary in total directly and proportionately with changes in the activity level Remain

Knowledge Check
Identify each statement as describing variable costs or fixed costs.
Vary in total directly and proportionately with changes in the activity level
Remain the same in total at every activity level
Vary inversely per unit with increases or decreases in the activity level
Remain the same per unit at every activity level
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