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2. Which of the following statement(s) regarding fixed costs are true: Statement (i): When activity increases, fixed cost per unit increases Statement (ii): The unit

2. Which of the following statement(s) regarding fixed costs are true:

Statement (i): When activity increases, fixed cost per unit increases Statement (ii): The unit fixed costs remain constant at every activity level Statement (iii): Total fixed costs vary directly with activity level Statement (iv): When activity decreases, fixed costs per unit increase

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