Question: Variable costs1) are always indirect costs(2)) increase in total when the actual level of activity increases3) include most personnel costs and depreciation on machinery4) are

Variable costs1) are always indirect costs\(2)\) increase in total when the actual level of activity increases3) include most personnel costs and depreciation on machinery4) are never considered a part of prime cost

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!