A 25% increase in production volume will result in:

Name: A 25% increase in production volume will result in:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A 25% increase in production volume will result in a corresponding 25% increase in total variable costs (costs that increase with production volume, such as materials and labor). However, there is no indication that this increase in production volume will result in an increase in variable cost per unit or total mixed costs, and it is unlikely to affect administration costs.

A 25% Increase in Production Volume Will Result In