Question

Fill in whether stays constant within relevant range or how it changes as volume changes (your response is increase or decrease as volume increases or decreases) be specific regarding direction of volume!

	Total Dollars	Cost per Unit
Variable Costs
Fixed Costs

Answer 1

	Total Dollars	Cost per unit
Variable Cost	Increases as Volume Increases	Stays same as Volume Increases
	Decreases as Volume decreases	Stays same as Volume Decreases
Fixed Cost	Stays same as Volume Increases	Decreases as Volume Increases
	Stays same as Volume Decreases	Increases as Volume Decreases

--In more simplified way:

	If Volume:-	Total Dollars	Cost per unit
Variable Cost	Increases	Increases	Stays same
	Decreases	Decreases	Stays Same
Fixed Cost	Increases	Stays same	Decreases
	Decreases	Stays Same	Increases