The cost that increases as the volume of activity decreases within the relevant range, is known as —

CS Executive · Cost and Management Accounting · PYQS · December 2014
The cost that increases as the volume of activity decreases within the relevant range, is known as —
(A) Average cost per unit
(B) Average variable cost per unit
(C) Total fixed cost
(D) Total variable cost.

Answer & Explanation:

Correct Answer: Option (A)

Correct answer: (A) Average cost per unit.

Topics: Cost Classification

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