Which of the following are true about cost behavior within a particular relevant range In other words
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Question:
Which of the following are true about cost behavior within a particular relevant range In other words circle all of the following that are true.
a. The slope of total variable costs is positive over increasing levels of production
b. Variable costs per unit increase as a company produces more units of production
c. Fixed costs per unit decreases as a company produces less units of production
d. Total fixed cost is constant over all units of production
Related Book For
Payroll Accounting 2017
ISBN: 978-1259572180
3rd edition
Authors: Jeanette Landin, Paulette Schirmer
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