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ACCT CH 11 100% SOLUTION
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Select the true statement: a. As volume increases fixed cost per unit remains constant. b. As volume increases variable cost per unit increases. c. As volume decreases fixed cost per unit increases. d. As volume increases variable cost per unit decreases. - ANSWER c. As volume decreases fixed cost per unit increases. The graph below depicts Dove Company's monthly warehouse rental cost. (Graph with straight horizontal line parallel to X axis) Based on the graph, the rental cost is a a. fixed cost. b. variable cost. c. mixed cost. d. The answer cannot be determined from the information provided. - ANSWER a. fixed cost.
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ACCT CH 11
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ACCT CH 11
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