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A variable cost is a cost that varies in total in proportion to changes in the level of activity. occurs at vartous times during the
A variable cost is a cost that
varies in total in proportion to changes in the level of activity. occurs at vartous times during the year. varies per unit at every level of activity. may or may not be incurred, depending on management's discretion.
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Project Management in Practice
Authors: Samuel J. Mantel Jr., Jack R. Meredith, Sco
4th edition
470533013, 978-0470533017
