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1 August, 09:57

If a cost's step-cost behavior follows very narrow steps, the costs may be approximated using:

(A) fixed costs assumptions.

(B) step-fixed cost assumptions.

(C) straight variable cost assumptions.

(D) mixed cost assumptions.

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Answers (1)
  1. 1 August, 13:14
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    The correct answer is (C) straight variable cost assumptions.

    Explanation:

    If the total cost increases with small increases in activity, it may be referred to as a step-variable cost.
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