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Unformatted text preview: E1-10 Correct.
Cost Terms [LO 5]
Identify each of the following statements with fixed costs or variable costs by writing "fixed" or
"variable" in the space provided.
(a) A cost that varies in total with changes in the activity level.
A cost that varies on a per-unit basis with changes in the activity
A cost that remains fixed per unit with changes in the activity
(d) A cost that remains fixed in total with changes in the activity level. Variable
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This note was uploaded on 06/21/2011 for the course MANAGERIAL MT425 taught by Professor Hodgson,k during the Spring '11 term at Kaplan University.
- Spring '11