ADM2341 Chapter 6 Cost Behaviour

Fixed costs per unit vary with the level of fixed

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Unformatted text preview: costs per unit are constant Variable costs per unit are constant within the relevant range. within the relevant range. Total fixed costs are constant within the Total fixed costs are constant within the relevant range. relevant range. Total variable costs are constant within Total variable costs are constant within tthe relevant range. he relevant range. LO 1 6-26 Quick Check 1. 1. 2. 2. 3. 3. 4. 4. Which of the following statements about cost Which of the following statements about cost behaviour are true? behaviour are true? Fixed costs per unit vary with the level of Fixed costs per unit vary with the level of activity. activity. Variable costs per unit are constant Variable costs per unit are constant within the relevant range. within the relevant range. Total fixed costs are constant within the Total fixed costs are constant within the relevant range. relevant range. Total variable costs are constant within Total variable costs are constant within tthe relevant range. he relevant range....
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This note was uploaded on 01/27/2014 for the course ADM 2341 taught by Professor Managerialaccounting during the Winter '07 term at University of Ottawa.

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