A fixed cost is a cost which O A. remains constant per unit with changes in the level of activity O B. varies inversely in total with changes in the level of activity O varies in total with changes in the level of activity O D. remains constant in total with changes in the level of activity
Q: Fixed cost per unit ______ A
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Q: What is the effect of an increase in activity on the followingitems?a. Total variable costs.b.…
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Q: when total contribution margin equals total fixed cost this indicates operating income
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Q: Which costs will change with a decrease in activity within the relevant range? Unit variable cost…
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Q: A fixed cost is a cost which Group of answer choices varies inversely in total with changes in…
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Q: A cost which remains constant per unit at various levels of activity is a * O variable cost O fixed…
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: A total cost equation can be used to predict future costs for various activity levels. Write the…
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Q: Within the relevant range of activity, variable cost per unit will: O a increase in proportion with…
A: There are two type of main costs in the business. These are fixed costs and variable costs.
Q: A variable cost is a cost thata. varies per unit at every level of activity.b. occurs at various…
A: The cost can be classified into two categories i.e fixed cost and variable cost. The FIxed cost…
Q: why does fixed costs remain the same in total dollar amount but increases per unit as the level of…
A: Fixed costs means those costs which remain fixed in total dollar amount as the level of activity…
Q: In representing the total manufacturing costs in the equation Y=a+bX, “a ” in the equation…
A: The total cost of product is the total of fixed cost and variable cost.
Q: 1. As activity increases, unit variable cost, Increases by a fixed amount, increases proportionately…
A: Answer 1. As activity increases, unit variable cost increases proportionately with activity.
Q: A fixed cost total rises or falls in approximate proportion to changes in activity base. Select one:…
A: The costs incurred can be defined as fixed Cost and variable cost
Q: 1. Total variable cost is affected by changes in activity and per unit variable cost is constant
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Q: When output volume increases, do fixed costs per unit increase, decrease, or stay the same within…
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Q: A cost which changes in proportion to changes in volume of activity is called a: * a. fixed…
A: Costs are the expenses or amounts incurred in the business for manufacturing or selling of products.…
Q: Variable costs are expenses that ________. a.remain constant on a per-unit basis but change in…
A: Variable costs as the name suggests are those costs which are variable in nature or these costs will…
Q: The cost that vary accordingly to the volume of output is O a. Variable cost O b. Both fixed and…
A: Variable cost means the cost which vary with the level of output and fixed cost means the cost which…
Q: Variable costs are costs that: Select one: a. Neither of the above b. vary in total directly and…
A: Variable costs is one of the one of the component of the total cost. Variable cost is the cost which…
Q: When the total fixed costs decrease, the contribution margin per unit ________. A. increases…
A: Contribution margin per unit = Selling price per unit - Variable cost per unit Total fixed cost…
Q: When volume of production decreases fixed cost per unit will
A: We know: Fixed Cost remains constant at all levels of production. Fixed cost per unit = Fixed Cost…
Q: When the level of activity increases, total fixed costs a. decrease. b. remain the same. c.…
A: Costing: Costing is a technique used in cost accounting to determine the cost of a product. With…
Q: The marginal product of labour is defined as the ____.
A: Labour is one of the important asset for any organization. Labor Cost is Part of Prime cost apart of…
Q: Variable costs are costs that: a) Vary inversely proportional with changes in activity b) Remain…
A: Total variable costs increase with the increase in activity and decrease with the decrease in…
Q: b. Prepare a variable costing income statement for the three products. Enter a net loss as a…
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Q: Variable Costs are costs that change in direct proportion to changes in activity level. (b) Unit…
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Q: Variable costs are costs that: A.vary inversely proportional with changes in activity B.Remain…
A: Variable cost : Variable costs are constant per unit and change in total while fixed costs always…
Q: Which of the following describes the behavior of the variable cost per unit?
A: The answer for the multiple choice question and relevant explanation are presented hereunder : What…
Q: Total cost is a combination of fixed and variable costs. The algebraic equation, where T =…
A: Provide the algebraic equation for total cost.
Q: Explain the impact of an increase in the level of activity (or cost driver) on (a) total fixed cost…
A:
Q: Explain the impact of an increase in the level of activity (or cost driver) on (a) total variable…
A: (a)
Q: Fixed costs are costs that: Select one: a. Neither of the above b. remain the same per unit at every…
A: Fixed Cost Correct Answer = Option B = Remain the same per unit at every activity level Variable…
Q: Variable costs are costs that: Select one: a. Both (a) and (b) above. b. vary in total directly and…
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Q: Variable costs vary in total as activity varies. vary on a per unit basis as activity varies. O are…
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Q: In describing the cost formula equation Y = a + bX, which of the following statements is NOT…
A: Cost formula equation shows the combination or mixture of fixed costs and variable costs for…
Q: The high-low method: a. Calculates variable costs per unit by dividing the difference in the high…
A: The high-low method is a method to separate or segregate the fixed and variable cost portions of a…
Q: Which of the following defines variable cost behavior? a. Total cost reaction to increase in…
A: The variable cost is the cost that affects in the direct proportion to the units of activity in…
Q: Which of the following statements describes variable costs?A. Costs that vary on a per-unit basis as…
A: The financial position of the company can be arrived from the income statement prepared by the…
Q: Fixed costs per unit . Can be estimated by the high-low method. O Remains the same when the level of…
A: The monetary value paid for the acquisition of something, or to run the operations of the…
Q: Variable costs are the costs remain constant in 'total" amount over a wide range of activity for a…
A: Cost refers to the amount spend on the production of goods or services. This is the amount seller…
Q: Unit contribution margin is the amount that each unit sold contributes towards the recovery of fixed…
A: Hi student Since there are multiple questions, we will answer only first question.
Q: How does the fixed cost per unit change as the level of activity (or cost driver) increases? Why?
A: Fixed cost refers to such overheads that are not directly related to the business and which do not…
Q: A fixed cost remains constant in total and on a per unit basis at various levels of activity. Ture O…
A: Following is the answer to the given question
Q: Variable costs are costs that: vary inversely proportional with changes in activity Remain constant…
A: Variable cost refers to the cost that varies in total amount with the changes units produced by the…
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- Which of the following statements is true regarding average fixed costs? A. Average fixed costs per unit remain fixed regardless of level of activity. B. Average fixed costs per unit rise as the level of activity rises. C. Average fixed costs per unit fall as the level of activity rises. D. Average fixed costs per unit cannot be determined.Fixed costs are expenses that ______________________________ . A. vary in response to changes in activity level B. remain constant on a per-unit basis C. increase on a per-unit basis as activity increases D. remain constant as activity changesWhich of the following graphs illustrates how total fixed costs be have with changes in total units produced
- Variable costs are expenses that ____________________________ . remain constant on a per-unit basis but change in total based on activity level remain constant on a per-unit basis and remain constant in total regardless of activity level decrease on a per-unit basis as activity level increases remain constant in total regardless of activity level within a relevant rangeThe amount of a units sales price that helps to cover fixed expenses is its ____________________. A. contribution margin B. profit C. variable cost D. stepped costVariable costs are costs that: A.vary inversely proportional with changes in activity B.Remain constant as activity changes C.Decrease on a per unit basis as activity increases D.Remain constant on a per unit basis as activity changes
- A cost which remains constant per unit at various levels of activity is a variable cost fixed cost mixed cost O manufacturing cost None of the aboveFixed cost per unit ______ A. Can be estimated by the high - low method. B. Remains the same when the level of activity changes. C. Are represented by the slope of the total cost line. D. All of the above answers are correct.Which of the following describes the behavior of the fixed cost per unit? a.remains constant with changes in production b.decreases with decreasing production c.decreases with increasing production d.increases with increasing production
- A cost which changes in proportion to changes in volume of activity is called a: * a. fixed cost b. controllable cost c. variable cost d. opportunity costVariable costs are costs that: vary inversely proportional with changes in activity Remain constant as activity changes Decrease on a per unit basis as activity increases Remain constant on a per unit basis as activity changesWhich of the following best describes a fixed cost? a.Cost representing a fixed proportion of total costs b.Cost directly related to output c.Cost that remains at the same level up to a particular level of output . d.Cost that remains at the same level when output increases.