Within the relevant range,if there is a change in the level of the cost driver,then:
A)total fixed costs will change and total variable costs will remain the same
B)total fixed costs and total variable costs will remain the same
C)total fixed costs and total variable costs will change
D)total fixed costs will remain the same and total variable costs will change

Question

Quizplus · Accepted Answer

Within the relevant range, fixed costs stay constant regardless of changes in the level of the cost driver. Variable costs, on the other hand, rise or fall as the cost driver changes. As a result, a change in the cost driver within the relevant range would result in a change in total variable costs while total fixed costs remain constant.

Within the Relevant Range,if There Is a Change in the Level