D.1 Measurement Concepts Flashcards
1
Q
Total Fixed costs are _____ regardless of activity levels
A
Constant
2
Q
Fixed costs/unit _____ as activity level increases within relevant range
A
DECREASES
3
Q
Total Variable costs _____ directly with activity level
A
changes
4
Q
Variable costs/unit are ____ when activity levels change
A
Constant
