The relevant range is the range of activity within which the cost is fixed. This means that within the relevant range, an increase in activity will not cause an increase in the total fixed cost, and a decrease in activity will not cause a decrease in the total fixed cost.
The relevant range is not a range of activity within which costs fluctuate.
The relevant range is not a range of activity within which production varies.
The relevant range is not a range of activity within which relevant costs are incurred.
|
