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    Management Accounting Study Set 4
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    Exam 2: Management Accounting: Cost Terms and Concepts
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    Variable Costs
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Variable Costs

Question 70

Question 70

Multiple Choice

Variable costs:


A) vary indirectly with changes in activity level.
B) vary directly with changes in activity level.
C) vary on a per unit basis.
D) vary indirectly with changes in activity level AND vary on a per unit basis.

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