QUESTION 1 10 points Save Answer A fixed cost is a cost which a varies in total with changes in the level of activity. D. remains constant per unit with changes in the level of activity. O C. varies inversely in total with changes in the level of activity. d. remains constant in total with changes in the level of activity. QUESTION 2 10 points Save Answer A manufacturing company calculates costs of goods sold as follows: a. Beginning FG inventory + cost of goods manufactured - ending FG inventory. b. Beginning FG inventory + cost of goods purchased - ending FG inventory. C. Ending FG inventory - cost of goods manufactured + beginning FG inventory. d. Beginning FG inventory - cost of goods manufactured - ending FG inventory