# Accounting Help - Practice Questions Essay

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Chapter 18: Practice questions 1-1 The total manufacturing cost per unit increases as total production volume increases. 1-2 Total variable costs change in response to changes in the volume of production. 1-3 The mixed cost per unit is constant throughout the relevant range of activity. 1-4 Fixed costs per unit decrease as production levels decrease. 1-5 A method used to separate mixed costs into fixed and variable components is called the high-low method. 1-6 The variable cost per unit is assumed to be constant within a particular relevant range of activity. 1-7 Which of the following costs changes in direct proportion to a change in volume? A) Average mixed cost B) Total fixed cost…show more content…
If your current bill is \$25.00, how many minutes did you use? A) 250 minutes B) 100 minutes C) 200 minutes D) 150 minutes 1-19 Jenny was reviewing the water bill for her doggy day spa and determined that her highest bill, \$3,000, occurred in July when she washed 2,000 dogs and her lowest bill, \$2,000, occurred in November when she washed 1,000 dogs. What was the variable cost per dog wash associated with Jenny's water bill? A) \$.67 B) \$1.00 C) \$0.50 D) \$2.00 1-20 Jenny was reviewing the water bill for her doggy day spa and determined that her highest bill, \$3,000, occurred in July when she washed 2,000 dogs and her lowest bill, \$2,000, occurred in November when she washed 1,000 dogs. What was the fixed cost associated with Jenny's water bill? A) \$1,500 B) \$3,000 C) \$1,000 D) \$2,000 1-21 Dakota Company provides the following information about its single product: |Targeted operating income |\$40,000 | |Selling price per unit |\$3.50 | |Variable cost per unit |\$1.05 | |Total fixed