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What type of cost remains constant in total regardless of changes in the level of activity within a relevant range?

Practice Questions

1 question
Q1
What type of cost remains constant in total regardless of changes in the level of activity within a relevant range?
  1. Variable Cost
  2. Fixed Cost
  3. Mixed Cost
  4. Step Cost

Questions & Step-by-step Solutions

1 item
Q
Q: What type of cost remains constant in total regardless of changes in the level of activity within a relevant range?
Solution: Fixed costs do not change with the level of production or sales within a relevant range.
Steps: 0

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