Which of the following statements regarding fixed costs is true? a. expressing fixed costs on a...
Which of the following statements regarding fixed costs is true?
a. expressing fixed costs on a per-unit basis usually is the best approach for decision-making
b. fixed costs expressed on a per-unit basis will remain constant as production increases
c. assumptions regarding the behaviour of fixed costs rest heavily on the concept of the relevant range
Homework Answers
Answer C. assumptions regarding the behaviour of fixed costs rest heavily on the concept of the relevant range
A- Fixed cost should be expressed as total.
B) Fixed cost per unit expressed as per unit decreases as the production increase
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