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    Managerial Accounting Study Set 17
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    Exam 5: Cost Behavior
  5. Question
    Step Costs Are Fixed Over Some Range of Activity and Then
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Step Costs Are Fixed Over Some Range of Activity and Then

Question 98

Question 98

True/False

Step costs are fixed over some range of activity and then increase like a variable cost.Step costs are fixed over a range of activity and then increase in a step-like fashion when a capacity limit is reached.

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