How individual costs react to changes in activity level is referred to as cost?

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asked Dec 10, 2019 105k views

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Jbcaveman · Answer 1 · 2019-12-15T00:58:56+0000

The way that individual costs turn around and react to any changes found within the activity levels is referred to as the cost behavior. Cost behavior, simply put, is the sensitivity to the costs to change in relevance to the volume of sales.

How individual costs react to changes in activity level is referred to as cost?

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