Vertical dashed line in graphical representation of cost function represents the ........

Costing - Phase (I & II) Basics of Cost Control and Analysis

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Vertical dashed line in graphical representation of cost function represents the

cost representation

irrelevant range

relevant range

graphical representation

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Explanation:

Vertical dashed line in graphical representation of cost function represents the relevant range. The relevant range refers to a specific activity level that is bounded by a minimum and maximum amount. Within the designated boundaries, certain revenue or expense levels can be expected to occur.