Asked by Emmanuel Garcia on Jun 22, 2024
Verified
Variable costs per unit increase proportionately with increases in volume of activity.
Variable Costs
Costs that change in proportion to the level of activity or production volume.
- Distinguish among fixed, variable, and mixed expenses as they relate to the volume of production.
Verified Answer
AJ
Alwyn JosephJun 27, 2024
Final Answer :
False
Explanation :
Variable costs per unit remain constant with changes in the volume of activity; it's the total variable costs that increase proportionately with increases in volume.
Learning Objectives
- Distinguish among fixed, variable, and mixed expenses as they relate to the volume of production.
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