Business, 24.04.2020 17:59 mikaylarichardson96

A fixed cost:

a. Requires the future outlay of cash and is relevant for future decision making.

b. Changes with changes in the volume of activity within the relevant range.

c. Is irrelevant for managers’ decision making. Is directly traceable to a cost object.

d. Does not change with changes in the volume of activity within the relevant range

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A fixed cost:

a. Requires the future outlay of cash and is relevant for future decision...

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