Question: Multiple Select Question Select all that apply Which of the following statements are true? Multiple select question. Fixed costs are applied to work in process

Multiple Select Question
Select all that apply
Which of the following statements are true?
Multiple select question.
Fixed costs are applied to work in process like they are variable costs.
Within the relevant range of activity, increases or decreases in activity change fixed costs.
Fixed costs are proportional to activity.
Treating fixed costs as variable is necessary for product costing.

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