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For each of the following statements choose whether the statement is True or False. Fixed cost per unit changes in direct proportion to changes in
For each of the following statements choose whether the statement is True or False.
Fixed cost per unit changes in direct proportion to changes in the volume of production.
Variable cost per unit is assumed to be constant within the relevant range.
Within the relevant range, the total variable costs and the fixed cost per unit remain the same.
Total fixed costs can change if volume is outside the relevant range.
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