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Examveda

Increase in total variable cost is due to ________.

A. increase in fixed cost

B. increase in sales

C. increase in production

D. increase in efficiency

Answer: Option C

Solution(By Examveda Team)

Increase in total variable cost is due to increase in production. Variable costs increase or decrease depending on a company's production volume; they rise as production increases and fall as production decreases.

This Question Belongs to Commerce >> Costing

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