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Which of the following is true for Variable Cost ? a. Variable Cost varies per unit of output and does not change with volume. b. Variable Cost varies with volume and varies per unit. c. Variable Cost is constant across various volumes and changes per unit. d. Variable cost varies directly with the volume and stays fixed per unit of output.
D : is the correct answer.
Variable cost varies with valume and stays fixed per unit of out put. Ther could be some effect on variable cost per unit of out in case of bulk production like getting discount on raw materials in case of bulk purchases for bulk prodcution.
variable cost is the cost that varies with a measure of activity
Opt d