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1.The different aspects of variable costs, fixed costs, andmixed costs. (Consider how they behave...

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Accounting

1.The different aspects of variable costs, fixed costs, andmixed costs. (Consider how they behave in regards to both totalcosts and unit costs.)

2.Discuss their behavior in regards to the relevant range.

Please write a paragraph for each so I can understand a littlebetter.

Answer & Explanation Solved by verified expert
4.2 Ratings (837 Votes)
Cost behavior refers to the way different types of costs of production change when there is a change in production level There are mainly three types of costs according to their behavior Fixed cost    See Answer
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In: Accounting1.The different aspects of variable costs, fixed costs, andmixed costs. (Consider how they behave in...1.The different aspects of variable costs, fixed costs, andmixed costs. (Consider how they behave in regards to both totalcosts and unit costs.)2.Discuss their behavior in regards to the relevant range.Please write a paragraph for each so I can understand a littlebetter.

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