How does the length of the time horizon affect the classification of cost as fixed or variable?

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How does the length of the time horizon affect the classification of cost as fixed or variable? What is the meaning of short run? Long run? LO3

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Cost Management Accounting And Control

ISBN: 9780538864459

2nd Edition

Authors: Don R. Hansen, Maryanne Mowen

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Question Posted: Jun 24, 2024 01:02 AM

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How does the length of the time horizon affect the classification of a cost as fixed or variable? What is the meaning of short run? Long run?
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How does the length of the time horizon affect the classification of cost as fixed or variable?

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Cost Management Accounting And Control

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