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frenchtoast frenchtoast
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5 years ago
Patel Company incurs both fixed and variable production costs. Assuming the production is within the relevant range, if volume goes up by 15%, then the total variable costs would ________.
A) increase by 15%
B) remain the same
C) increase by an amount less than 15%
D) decrease by 15%
Textbook 
Horngren's Accounting

Horngren's Accounting


Edition: 11th
Authors:
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wrote...
5 years ago
 A
frenchtoast Author
wrote...
5 years ago
Just confirmed the same answer from my friend, thanks
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