Which of the following statements about semi variable costs is not true? A. They first have to
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Question:
A. They first have to be broken down into their fixed and variable components before they can be used to predict costs at different levels of volume.
B. They are sometimes called mixed costs.
C. They vary in direct proportion to volume changes.
D. They may remain constant over a range of production, then abruptly change.
Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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