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Question 1 As production increases within the relevant range, a. variable costs will vary on a per unit basis. b. variable costs will vary in
Question 1 As production increases within the relevant range, a. variable costs will vary on a per unit basis. b. variable costs will vary in total. c. fixed costs will vary in total. d. fixed and variable cost stay the same in total. fixed and variable cost stay the same in total. variable costs will vary on a per unit basis Fixed costs will vary in total variable costs will vary in total Question 3 Managerial accounting produces information: to meet the needs of external users that is often focused on the future to meet the needs of investors that follows the rules of IFRS to meet the needs of external users that follows the rules of IFRS to meet the needs of investors that is often focused on the future
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