Relationship between total cost and volume of activity


Which of the following costs are included in the cost classification that is based on the relationship between total cost and volume of activity?

A) Variable cost and fixed cost.

B) Direct cost and indirect cost.

C) Product cost and period cost.

D) Committed cost and discretionary cost.

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Accounting Basics: Relationship between total cost and volume of activity
Reference No:- TGS094134

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