Fixed costs are conventionally deemed to be: (a) constant per unit of output; (b) constant in total

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Fixed costs are conventionally deemed to be:

(a) constant per unit of output;

(b) constant in total when production volume changes; (1 mark) CIMA Stage 1 (1 mark) CIMA Stage 2

(c) outside the control of management:

(d) those unaffected by inflation. (1 mark)
CIMA Stage 1

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Cost And Management Accounting

ISBN: 9781473749054

9th Edition

Authors: Colin Drury

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Question Posted: Jun 24, 2024 02:03 AM

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Fixed costs are conventionally deemed to be: (a) constant per unit of output; (b) constant in total

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Cost And Management Accounting

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