ACCT505 Midterm

(TCO A) Within the relevant range, variable costs can be expected to
                                                 vary in total in direct proportion to changes in the activity level.      
                                                 remain constant in total as the activity level changes.
                                                 increase on a per-unit basis as the activity level increases.
                                                 increase on a per-unit basis as the activity level decreases.
                                                 None of the above
                Points Received:              6 of 6

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