Question: The true statement about cost behavior is that: Multiple Choice variable costs are constant on a per-unit basis and are constant in total as activity

The true statement about cost behavior is that:

Multiple Choice

  • variable costs are constant on a per-unit basis and are constant in total as activity changes.

  • variable costs change on a per-unit basis and change in total as activity changes.

  • fixed costs change on a per-unit basis and are constant in total as activity changes.

  • fixed costs are constant on a per-unit basis and change in total as activity changes.

  • fixed costs are constant on a per-unit basis and are constant in total as activity changes.

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