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3. Variable costs: (a) Decrease 10% if sales revenue increases 10%. (b) Are generally fixed in the short run * (c) Vary in a linear
3. Variable costs: (a) Decrease 10% if sales revenue increases 10%. (b) Are generally fixed in the short run * (c) Vary in a linear fashion with sales revenue (d) Are the same as indirect costs
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
15th edition
978-0133428858, 133428850, 133428702, 978-0133428704
