When the level of activity decreases, variable cost will increase or decrease ?
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- What happens to the total variable costs and the total fixed costs when the level of activity increases or decreases? How about the unit variable cost and the unit fixed cost?Which type of cost has an unchanging total expense and a decreasing average expense as output increases?When output volume increases, do variable costs per unit increase, decrease, or stay the same within the relevant range of activity? Explain.
- If the ordering cost triples in an EOQ model, while the remaining values stay constant, how will the EOQ change? How sensitive is the EOQ to variations in demand or costs?How does the length of the time horizon affect the classification of a cost as fixed or variable? What is the meaning of short run? Long run?When variable costs increase and all other variables remain unchanged, the break-even point will ____________________. A. remain unchanged B. increase C. decrease D. produce a lower contribution margin
