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Which of the following statements regarding variable cost is true? Multiple Choice Variable...

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Question

Accounting

Which of the following statements regarding variable cost is true?

Multiple Choice

  • Variable cost remains constant on a per unit basis as the number of units produced increases.

  • Variable cost remains the same in total as production increases.

  • Variable cost decreases on a per unit basis as the number of units produced increases.

  • Variable cost increases on a per unit basis as the number of units produced increases.

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