3. Which of the following is correct regarding a relevant range?a Total variable costs will not change.b. Total flxed costs will not change.C Actual fixed costs usually fall outside the relevant range.d. The relevant range cannot be changed after being established.

A Relevant Range is the Range of Activity above which the Variable Cost Per Unit and The Total Fixed…

3. Which of the following is correct regarding a relevant range? a Total variable costs will not change. b. Total fved costs will not change. C Actual fixed costs usually fall outside the relevant range. a. The relevant range cannot be changed after being established.

3. Which of the following is correct regarding a relevant range? a Total variable costs will not change. b. Total fved costs will not change. C Actual fixed costs usually fall outside the relevant range. a. The relevant range cannot be changed after being established.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

3. Which of the following is correct regarding a relevant range?
a Total variable costs will not change.
b. Total flxed costs will not change.
C Actual fixed costs usually fall outside the relevant range.
d. The relevant range cannot be changed after being established.

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