Variable costs are costs that
A. vary in total directly and proportionately with changes in the activity level.
B. remain the same per unit at every activity level.
C. neither of the above.
D. both (a) and (b) above.
Answer: D
Variable costs are costs that
A. vary in total directly and proportionately with changes in the activity level.
B. remain the same per unit at every activity level.
C. neither of the above.
D. both (a) and (b) above.
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