Which statement describes a fixed cost?
A. It varies in total at every level of activity.
B. The unit cost varies directly to the activity level.
C. When activity declines, its cost per unit increases.
D. The unit costs stay the same at every activity level.
Answer: C
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.