Based on the behavior shown in the following table, which of the following is a variable cost? Units Produced a. Cost Per Unit of Materials b. Cost Per Unit of Labor c. Total Utilities Cost 2 3 4 5 500 500 500 500 500 333 250 200 4,500 4,500 4,500 4,500 Multiple Choice Cost Per Unit of Materials Cost Per Unit of Labor Total Utilities Cost Both the cost per unit of materials and the total utilities cost are variable costs. ×

! Required information [The following information applies to the questions displayed below.] Felix & Company reports the following information. Period Units Produced 0 560 960 123456789 10 1,360 1,760 2,160 2,560 2,960 3,360 3,760 Total Costs $ 4,660 3,960 4,360 4,960 4,060 4,260 8,760 16,160 4,960 11,992 (1) Use the high-low method to estimate the fixed and variable components of total costs. (2) Estimate total costs if 2,440 units are produced.

On a graph, if a horizontal axis represents units of production and the vertical axis represents total costs, the total variable costs line would be shown as a(n):   Question 4 options:   horizontal line.   vertical line.   upward sloping line.   downward sloping line.

A graph of which of the following types of costs would have a slope of zero?   Total variable cost . Variable cost per unit. Total cost Fixed cost per unit