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Which of the following is true with respect to a variable cost? a. Variable costs are not important in manufacturing environments. b. None of the

Which of the following is true with respect to a variable cost?

a. Variable costs are not important in manufacturing environments.

b. None of the above.

c. It changes in proportion to changes in the volume of activity.

d. It remains constant even if activity levels change.

e. It has an inverse relationship to sales and production levels

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