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Which of the following statements is false when considering cost behavior within the relevant range? Multiple Choice The average fixed cost per unit varies inversely

Which of the following statements is false when considering cost behavior within the relevant range?

Multiple Choice

  • The average fixed cost per unit varies inversely with changes in the level of activity.

  • A fixed cost varies, in total, in direct proportion to changes in the level of activity.

  • A variable cost is constant if expressed on a per unit basis.

  • The total amount of a variable cost will change as the level of activity changes.

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