Within the relevant range, if there is a change in the level of the cos a. Total fixed costs and total variable costs will change b. Total fixed costs and total variable costs will remain the sam c. Total fixed costs will remain the same and total variable cos d. Total fixed costs will change and total variable costs will rem

Financial & Managerial Accounting
14th Edition
ISBN:9781337119207
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter19: Cost-Volume-Profit Analysis
Section: Chapter Questions
Problem 1DQ: Describe how total variable costs and unit variable costs behave with changes in the level of...
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Within the relevant range, if there is a change in the level of the cost driver then
a. Total fixed costs and total variable costs will change
b. Totalfixed costs and total variable costs will remain the same
C. Total fixed costs will remain the same and total variable costs will change
d. Total fixed costs will change and total variable costs will remain the same.
Transcribed Image Text:Within the relevant range, if there is a change in the level of the cost driver then a. Total fixed costs and total variable costs will change b. Totalfixed costs and total variable costs will remain the same C. Total fixed costs will remain the same and total variable costs will change d. Total fixed costs will change and total variable costs will remain the same.
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