Fixed cost,”A cost that remains constant, in total, regardless of changes in the level of activity within the relevant range. If a fixed cost is expressed on a per unit basis

June 20, 2017 mfadmin Managerial Accounting

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Fixed cost,”A cost that remains constant, in total, regardless of changes in the level of activity within the relevant range. If a fixed cost is expressed on a per unit basis

it varies inversely with the level of activity.”