Choose The Correct Description Of Variable And Fixed Costs.

(Correct Answer Below)

Reveal the answer to this question whenever you are ready.

Choose The Correct Description Of Variable And Fixed Costs.

Front

Advertisement

A variable cost changes in total in proportion to changes in the related level of total activity or_ volume, such as a sales commission that is a percentage of each sales revenue dollar. A fixed cost remains unchanged in total for a given time_ period, despite wide changes in the related level of total activity or_ volume, such as a fixed annual leasing cost of a machine.

About the flashcard:

This flashcard is meant to be used for studying, quizzing and learning new information. Many scouting web questions are common questions that are typically seen in the classroom, for homework or on quizzes and tests. Flashcards vary depending on the topic, questions and age group. The cards are meant to be seen as a digital flashcard as they appear double sided, or rather hide the answer giving you the opportunity to think about the question at hand and answer it in your head or on a sheet before revealing the correct answer to yourself or studying partner. Some questions will include multiple choice options to show you the options involved and other questions will just have the questions and corrects answers. Simply reveal the answer when you are ready to check your work. Absolutely no cheating is acceptable.