A cost that remains the same,in total,regardless of changes in activity level is a:
A)variable cost.
B)fixed cost.
C)mixed cost.
D)step cost.

Question

Quizplus · Accepted Answer

A fixed cost remains the same in total regardless of changes in activity level. Variable costs vary directly with changes in activity level, mixed costs contain both fixed and variable elements, and step costs increase in total at specific points of activity level.

A Cost That Remains the Same,in Total,regardless of Changes in Activity