Within the relevant range,the total fixed costs and the variable cost per unit remain the same.

Question

Quizplus · Accepted Answer

In the relevant range, the total fixed costs do not change regardless of the level of production or sales. The variable cost per unit may remain constant or may change slightly due to changes in production technology, economies of scale or other factors, but within the relevant range it is assumed to be constant. Therefore, the statement is true.

Within the Relevant Range,the Total Fixed Costs and the Variable