After reading an article you recommended on cost behavior, your client asks you to explain the following
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After reading an article you recommended on cost behavior, your client asks you to explain the following excerpt from it: "Fixed costs are variable per unit of output and variable costs are fixed per unit of output, though in the long run all costs are variable." Explain the meaning of this excerpt to your client. pg65
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Related Book For 
Cost Accounting Concepts And Applications For Managerial Decision Making
ISBN: 9780070103108
2nd Edition
Authors: Ralph S. Polimeni, James A. Cashin, Frank J. Fabozzi, Arthur H. Adelberg
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