Contrast the effects of changes in the activity level on total fixed costs and on unit fixed costs.

Contrast the effects of changes in the activity level on total fixed costs and on
unit fixed costs.
The term "relevant range" refers to: the range of activity where cost relationships are
valid. We will estimate the changes in future cost only within the relevant range of
activities. Mainly there are two types of costs.
1) Variable cost and
2)...