Fill in the Blank QuestionFill in the blank question.A cost changes in proportion to changes in volume of activity.

Fill in the Blank QuestionFill in the blank question.A cost remains unchanged when the volume of activity changes within the relevant range.

Fill in the Blank QuestionFill in the blank question.An activity cost is a a group of costs that are related to the same activity.

Total variable costs• a. increase with a decrease in activity.O b. are constant regardless of changes in activity.• c. have no relevant range.• d. change proportionately with changes in activity levels.

Fill in the Blank QuestionFill in the blank question.A cost is a factor that causes the cost of an activity to go up or down.

If the activity level decreases by 25% then total variable costs willGroup of answer choicesDecrease by 25%Increase by 25%Increase by more than 25%Remain the same