Examlex
There is one ______ in each district.
Cost Behavior
The way in which a cost reacts to changes in the level of activity.
Fixed Cost
Costs that do not change with the level of production or output, remaining constant even as volume changes.
Relevant Range
The range of activity within which the assumptions about fixed and variable costs are valid. Beyond this range, cost behaviors may change.
Per Unit Basis
A method of cost allocation or measurement that divides a total by the number of units to find the cost per unit.
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