​Which of the Following Is the Correct Graph of

question 37

Multiple Choice

​Which of the following is the correct graph of ? ​

• A) ​
• B) ​
• C) ​
• D) ​
• E) ​

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Definitions:

Variable Cost

Costs that vary depending on the amount of goods produced or the scale of operations in a business.

Fixed Costs

Expenses that do not change with the level of goods or services produced by a business within a certain period, such as rent, salaries, and insurance.

High-low Method

A technique used in cost accounting to estimate variable and fixed costs based on the highest and lowest levels of activity.

Variable Cost

Costs that vary in proportion to the level of production or business activity, such as materials and direct labor.