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Chaptter 4




               3.3 Sttepped fixxed costs

                             Thiss is a type of fixed coost that is oonly fixed wwithin certaain levels oof
                             activvity.  Oncee the upperr limit of ann activity leevel is reacched then aa new
                             highher level off fixed costt becomes relevant.


                  Totaal
                  costt $
                                      Relevvant
                                       rangges

                                                      33

                                           2 2

                                 1
                                  i









                                                         Activity
                                                          level










































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