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Question: In cost accounting, which of the following best defines the term "variable cost"? A)...

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Accounting

Question: In cost accounting, which of the following best defines the term "variable cost"?

A) Costs that remain constant regardless of the level of production. B) Costs that vary in total with the level of production but remain constant per unit. C) Costs that vary in total and per unit with the level of production. D) Costs that are incurred only when production exceeds a certain level.

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