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Variable costs are costs that remain constant on a per unit basis as the volume of manufacturing activity changes. True False Variable costs are costs
- Variable costs are costs that remain constant on a per unit basis as the volume of manufacturing activity changes.
- True
- False
- Variable costs are costs that vary in total in direct proportion to changes in an activity base.
- True
- False
- Variable costs are costs that vary on a per unit basis with changes in an activity base.
- True
- False
- Direct materials and direct labor cost are examples of variable costs of production.
- True
- False
- total variable costs change as volume of activity changes.
- True
- False
- A mixed cost has characteristics of both a variable and a fixed cost
- True
- False
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