Which of the following is correct concerning reactions to INCREASES in activity? Variable Cost Per Unit Total Variable Cost A) Increase B) Constant C) Decrease D) Increase Decrease Decrease Constant Constant

When the activity level declines within the relevant range, what should happen with respect to the following? Fixed cost per unit Variable cost per unit A) No change B) Increase C) Increase D) No change Option B O Option C Option A O Option D Increase Increase No Change No Change

Which of the following is a correct definition of the margin of safety? The excess of contribution margin over fixed costs The excess of gross margin over target income 0 The excess of sales revenue over the breakeven point The excess of ner income over all costs (both variable and fixed

When the level of activity decreases, variable costs will:A - increase per unit.B - increase in total.C- decrease in total.D- decrease per unit

Show how each of these costs will behave as the volume of activity decreases.                                                  Variable cost per unit                                                  Total variable cost                                                  Fixed cost per unit                                                  Total fixed cost A. Increase B. Decrease C. Remains the same

Fixed costs are costs that: A) Change in total with changes in the level of activity B) Remain constant per unit with changes in the level of activity C) Remain constant in total regardless of changes in the level of activity D) Vary inversely with changes in the level of activity

When the level of activity decreases, variable cost will increase or decrease ?

Within the relevant range, as volume of activity increases a. Total fixed costs remain the sameb. Fixed cost per unit decreasesc. Variable cost per unit remains the samed.Total variable costs increasese. all of the above

In the fixed cost per unit does the it increase as activity decreases and will decrease as activity increases?

As the level of activity increases, how will a mixed cost in total and per unit behave? A) B) (C) D) E) In Total Increase Increase Increase Decrease Decrease Multiple Choice Choice A Choice B Choice C Choice D Per Unit Decrease Increase No effect Increase No effect