Relevant Range Is Defined As

Multiple Choice

Relevant range is defined as:

A) The proportion of total costs that are fixed and variable.
B) A statistical method that uses the normal range of operations to estimate fixed and variable costs.
C) A non-statistical method that uses the normal range of operations to estimate fixed and variable costs.
D) A firm's normal range of operations in which we expect a stable relation between activity and cost.
E) None of the above.