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A variable cost is a cost that: O Varies inversely per unit with changes in the level of activity Remains constant in TOTAL with
A variable cost is a cost that: O Varies inversely per unit with changes in the level of activity Remains constant in TOTAL with changes in the level of activity Remains constant PER UNIT with changes in the level of activity Is expensed in the period incurred
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Intermediate Accounting
Authors: kieso, weygandt and warfield.
IFRS Edition
978-1118443965, 1118800532, 9781118800539, 978-0470873991
