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F is a fixed cost; V is a variable cost. During the current year the level of activity has decreased but is still within the

F is a fixed cost; V is a variable cost. During the current year the level of activity has decreased but is still within the relevant range. We would expect that:

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The cost per unit of V has remained unchanged

The cost per unit of V has decreased

The cost per unit of F has remained unchanged

The cost per unit of F has decreased

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