Asked by
Celia Rotondo
on Nov 13, 2024Verified
If costs are not responsive to changes in activity level then these costs can be best described as
A) mixed.
B) flexible.
C) variable.
D) fixed.
Activity Level
An indicator of the volume of business activity or operations in a specific period, often used in costing and budgeting to measure performance.
Fixed Costs
Costs that remain constant in total regardless of changes in the level of activity within a relevant range.
- Distinguish and categorize variable, fixed, and controllable costs.
Verified Answer
AS
Learning Objectives
- Distinguish and categorize variable, fixed, and controllable costs.