Select the appropriate type of cost for each of the definitions listed below.
-remains constant on a per-unit basis within the relevant range
A)variable
B)fixed
C)mixed
D)step

Question

Quizplus · Accepted Answer

Variable costs remain constant on a per-unit basis within the relevant range, meaning the cost per unit does not change even though the total variable cost will change in direct proportion to changes in activity level.

Select the Appropriate Type of Cost for Each of the Definitions