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Variable Cost Per Unit
The cost that varies with the level of output, computed on a per-unit basis.
Fixed Cost
A fixed cost is a business expense that remains constant regardless of changes in production levels or sales volumes.
Relevant Range
The span of activity or production level within which the assumptions about fixed and variable costs are valid.
Activity Changes
Refers to adjustments or variations in the level of operations or processes within an organization, often impacting costs and productivity.
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