What two arguments tend to justify classifying all costs as either fixed or variable even though individual costs might not behave exactly as classified?
What two arguments tend to justify classifying all costs as either fixed or variable even though individual costs might not behave exactly as classified?
Chapter2: Building Blocks Of Managerial Accounting
Section: Chapter Questions
Problem 8Q: Explain the differences among fixed costs, variable costs, and mixed costs.
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What two arguments tend to justify classifying all costs as
either fixed or variable even though individual costs might
not behave exactly as classified?
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