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    Business
  3. Study Set
    Managerial Accounting for Undergraduates
  4. Exam
    Exam 2: Managerial Accounting Concepts and Cost Flows
  5. Question
    A Variable Cost Is One That Varies Both in Total
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A Variable Cost Is One That Varies Both in Total

Question 59

Question 59

True/False

A variable cost is one that varies both in total (with respect to the amount of items produced) and per unit.

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