Sagot :
Answer:
Variable costs change with rises or falls in production. For example, if production increases, a variable cost may also increase, and vice versa. Variable costs vary in total but the unit cost remains fixed. Variable costs assume that a linear relationship exists between cost and volume of activity.
Explanation:
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Answer:
Variable costs have two main characteristics: The total cost varies in proportion to changes in the level of activity. The cost per unit remains constant, regardless of the level of activity.
Explanation:
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