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calcrismore calcrismore
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A year ago
A characteristic of a variable cost is that the

▸ cost per unit increases as activity increases.

▸ total cost varies in proportion to changes in the level of activity.

▸ total cost varies indirectly with the level of activity.

▸ the total cost remains constant, regardless of the level of activity.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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TAE29TAE29
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Thanks for your help!!
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Just got PERFECT on my quiz
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