Which one of the following statements is not true?
a. Total fixed costs remain the same regardless of volume.
b. Total variable costs change with volume.
c. Total variable costs decrease as the volume increases.
d. Fixed cost per unit increase as the volume decreases.
e. Variable costs per unit remain the same regardless of volume.
Which one of the following statements is not true?
a. Total fixed costs remain the same regardless of volume.
b. Total variable costs change with volume.
c. Total variable costs decrease as the volume increases.
d. Fixed cost per unit increase as the volume decreases.
e. Variable costs per unit remain the same regardless of volume.
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