The relevant range is
A) a band of activity with a specific relationship between activity levels and the cost of being measured.
B) the slope of the cost line based on a cost equation.
C) the y-intercept of a cost line based on a cost equation.
D) the range in which a company earns a profit.

Question

Quizplus · Accepted Answer

The relevant range is the range of activity within which the assumptions about fixed and variable cost behavior are valid. It is a band of activity where there is a specific relationship between activity levels and the cost being measured.

The Relevant Range Is