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All of the statements below relate to variable and fixed costs. Check all the statements below that are true. ( Hint: This is not a

All of the statements below relate to variable and fixed costs. Check all the statements below that are true. (Hint: This is not a typical multiple choice question. You should select more than one answer below)
Check All That Apply
-An example of a fixed cost would be the cost of gas you put into your car each monthAn example of a fixed cost would be the cost of gas you put into your car each month
-A variable cost changes in proportion to changes in volume of activityA variable cost changes in proportion to changes in volume of activity
-An example of a variable cost would be the direct labor used for a bakery specializing in making wedding cakesAn example of a variable cost would be the direct labor used for a bakery specializing in making wedding cakes
-The total amount of a fixed cost each period does not change in proportion to volume of activity, but the amount of a fixed cost per unit does change in proportion to volume of activityThe total amount of a fixed cost each period does not change in proportion to volume of activity, but the amount of a fixed cost per unit does change in proportion to volume of activity
-The total amount of a variable cost each period does not change in proportion to volume of activity, but the amount of a variable cost per unit does change in proportion to volume of activity

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