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Complete the Following Table to Indicate Your Understanding of Fixed

Question 166

Essay

Complete the following table to indicate your understanding of fixed and variable cost behavior by inserting one of the following responses in each box: "Remain constant," "Increase," or "Decrease."  When Activity  Increases  When Activity  Decreases  Unit fixed costs  Total fixed costs  Unit variable costs  Total variable costs \begin{array} { | l | l | l | } \hline & \begin{array} { l } \text { When Activity } \\\text { Increases }\end{array} & \begin{array} { l } \text { When Activity } \\\text { Decreases }\end{array} \\\hline \text { Unit fixed costs } & & \\\hline \text { Total fixed costs } & & \\\hline \text { Unit variable costs } & & \\\hline \text { Total variable costs } & & \\\hline\end{array}

Correct Answer:

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\[\begin{array} { | l | l | l | }
\hlin...

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