Relevant range is the range of activity (volume)over which total fixed costs and variable costs per unit can be assumed to remain the same.

Name: Relevant range is the range of activity (volume)over which total fixed costs and variable costs per unit can be assumed to remain the same.
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Quizplus · Accepted Answer

This definition is correct. The relevant range is often used in break-even analysis and cost-volume-profit analysis to determine the level of production or sales necessary to cover all costs and generate a profit.

Relevant Range Is the Range of Activity (Volume)over Which Total