B\ If the variable cost per la gorts fixed costs, and total costs if production is
Q: Which one of the following statement best describe the unit variable cost: Select one: O a. Remains…
A: The Question has covered the concept of Variable Cost. The cost which is increases with level output…
Q: a) Define fixed, variable and semi-variable costs and give an example of each.
A: Since you have posted multiple questions we will do the first one for you. To get the remaining…
Q: Fixed cost per unit ______ A
A: Under Marginal costing technique there are two types of costs . That is a) Fixed costs Fixed cost…
Q: Q2. Describe how total variable costs and unit variable costs behave with changes in the level of…
A: This is a theory question and we will explain Total variable cost and unit variable costs behave…
Q: When Total Contribution magrin equals total fixed costs, this indicates operating income True…
A: If the contribution margin is equal to the total fixed cost that means it a situation of the…
Q: 5. Which of the following best describes a fixed cost? A. Increase proportionately with output. B.…
A: "Since you have asked multiple questions, we will solve first question for you. If you want any…
Q: Which of the following statements is true about fixed and variable costs? * Both costs are constant…
A: Solution:- When sales units are increases or decreases the total sales also increase or decreases…
Q: A total cost equation can be used to predict future costs for various activity levels. Write the…
A: Concept The total cost is the sum of variable cost and fixed cost incurred For example if variable…
Q: 2) Which of the following is the type of cost calculated with a scientific and engineering approach…
A: A company will incur various costs to earn revenue. The costs can be either direct or indirect costs…
Q: What is the effect of an increase in activity on total variable costs,variable cost per unit of…
A: Total cost refers to the cost or amount incurred by the company in production of its goods and…
Q: How do you find the variable cost per unit produced and sold ?
A: First step in computing the variable cost of unit produce and sold is to analyse the nature of…
Q: Within the relevant range, if there is a change in the level of the cos a. Total fixed costs and…
A: Fixed cost will change and total cost will remain the same.
Q: t variable cost o Compute the
A: Ans to Obj.3 Working Particulars Amount $…
Q: a) Estimate the fixed cost and variable cost using the high-low method.
A: As per our protocol we provide solution to the one question only but as you have asked two different…
Q: What effect does an increase in volume have on—c. Total fixed costs?
A:
Q: use in Excel. Proposed Range Name Price_per_Unit Cost per Unit ProfitS_per_Unit Fixed Costs…
A: Answer: The answer for question is given below: A B 1 Price per Unit Price_per_Unit 2…
Q: Within the relevant range: a. both total variable costs and total fixed costs will remain…
A: The costs incurred into the production are classified as fixed and variable costs. The variable…
Q: a Total fed costs and total variable costs will change b. Total fxed costs and total variable costs…
A: Cost Driver - is the factor of cost due to change in cost driver cost of the activities also get…
Q: Dw much is the total variable cost per unit?
A: Variable cost per unit is the cost incurred for manufacturing each unit. It is determined by…
Q: Which one of the following is an example for variable cost? O a. Salary with commission O b.…
A: Variable cost is a cost that keeps on changing with the changes in the level of activity.
Q: 1. Total variable cost is affected by changes in activity and per unit variable cost is constant
A: Total Cost Consists of Two Components which is Fixed cost and Variable cost. The Behavior of these…
Q: determine the variable cost per unit and the fixed cost using the high -low method.
A: Variable Costs :- Variable costs are expenses that vary depending on the volume of goods or services…
Q: Required: 1. Determine the total variable costs and the total fixed costs for the current year.…
A:
Q: When output volume increases, do fixed costs per unit increase, decrease, or stay the same within…
A: Fixed Costs: These are the costs that remain constant in total dollar amount irrespective to the…
Q: What is the total variable cost per unit What is the total fixed cost What is the contribution…
A: Contribution margin per unit=Revenue per unit- Variable cost per unitRevenue per unit×100
Q: In the cost behavior equation, b*X denotes the variable cost per unit. Select one: O True O False
A: Cost behavior formula = a+ b*x
Q: Define the following concepts: a)Prime cost b) Non production cost c)Total cost
A: The term cost refers to the monetary value of expenditure for raw materials, technology, supplies,…
Q: d. Perpetual system, LIFO cost flow. e. Periodic system, weighted-average cost flow. f.…
A: Perpetual inventory system - Movement of inventory is recorded on regular basis. Periodic inventory…
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: 1. What is the net income under variable costing method? 2. What is the net income under absorption…
A: Variable costing means that inventory is valued at variable manufacturing cost and fixed cost is…
Q: Hi, How do you calculated variable production cost per unit?
A: Answer:Variable production cost per unit is calculated by dividing Total variable production costs…
Q: Which of the following describes the behavior of total variable and total fixed costs when level of…
A: Different costs associated with production process are - Fixed cost and variable cost. For example:…
Q: A cost which remains constant per unit at various levels of activity is a Select one: a. mixed cost.…
A: Solution: A cost which remains constant per unit at various levels of activity is a "Variable cost".…
Q: Explain the impact of an increase in the level of activity (or cost driver) on (a) total fixed cost…
A:
Q: following Fixed costs, variable costs, sales, breakeven point value, safety threshold ratio
A: Given in the question: Sales 8500 Raw Materials 2350 Insurance 275 Loan…
Q: When production increases, the total fixed cost will
A: Fixed cost is a type of costs which remains fixed irrespective of production levels. Whether…
Q: What happens to the total variable costs and the total fixed costs when the level of activity…
A: Formula: Total cost = Variable cost + Fixed cost Sum of both variable and fixed cost derives 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: A cost that has characteristics of both a varlable cost and a fixed cost is called a Oa,…
A: Reason:- Mixed cost refers to the cost which is a combination or mix of both fixed cost and variable…
Q: Determine the variable cost per unit and the fixed cost using the high-low method. 2. What is the…
A: Variable Cost per unit= (Highest units - Lowest units)/ (Highest Cost- Lowest Cost)…
Q: Which of the following do not increase or decrease when the volume of production changes? O a. Fixed…
A: Some cost do not get affected by the volume of production. It remains same at all the levels of…
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: What effect does an increase in the activity level have on— a. Unit fixed costs? b. Unit variable…
A:
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: What effect does an increase in volume have on—d. Total variable costs?
A:
Q: a) average fixed cost, b) average variable cost, and c) total profit?
A: Markup Percentage = ((Selling Price - Cost)/Costs) * 100 Fixed and Variable cost - We know that…
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- Given the mixed cost function y = $6.50x + $3,000. What does the $6.50 represent? a.Total cost per unit of the cost driver b.The fixed cost per unit c.The slope of the cost function d.Total fixed costsChoose the correct letter of answer On a scattergrap, the diagonal line cuts across two sets of observations, namely: 600:200, and 900:500 which refer to costs and units, respectively. The fixed costs is plotted in the graph at P400. In this case, the variable cost per unit is equal to: a. P1.00b. P1.25c. P1.50d. P1.12A Corp has the following data:• Prime cost of 800,000• Variable Mfg OH of 100,000• Fixed Mfg OH of 160,000• Variable OPEX of 80,000• Fixed OPEX of 40,000. What is the inventoriable cost under variable costing?
- A Corp has the following data: Prime cost of 800,000 Variable Mfg OH of 100,000 Fixed Mfg OH of 160,000 Variable OPEX of 80,000 Fixed OPEX of 40,000 What is the inventoriable cost under variable costing? What is the inventoriable cost under absorption costing?A company determined that the marginal cost, C′(x) of producing the xth unit of a product is given by C′(x)=x3−2x. Find the total cost function C, assuming that C(x) is in dollars and that fixed costs are $2000.On the CVP graph, the next unit sold will increase total cost by an amnount equal to the Select one: O a Difference between contribution margin and fixed costs b.Selling price per unit minus the variable costs per unit c Variable costs per unit d. Contribution margin ratio e Selling price per unit
- Find out BEP in units and value with the following data:Fixed cost - $30000Variable cost - $20 per unitSelling Price - $50 per unit.Q3. If sales are $500,000, variable cost are $200,000, and fixed costs are $240,000, what is the contribution margin ratio? Answer: ______________________________________________________________________ Explain your answer: ______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________If the high-low points method is used, the results when compared with those under the method of least squares, are (Variable Cost Per Unit, Total Fixed Costs). the given is a. Equal, Equal b. Higher by P1.26, Lower by P2,850 c. Lower by P1.26, Higher by P2,850 d. Higher by P5 , Lower by P1,500
- Total Material cost is 500000 OMR Fixed cost is 0. Calculate Total Variable costSuppose that a company has fixed costs of $22 per unit and variable costs $9 per unit when 15,000 units are produced. What are the fixed costs per unit when 12,000 units are produced? Round your answer to the nearest cent. Fixed costs per unit $fill in the blank 1What does a manufacturing cycle efficiency (MCE) of less than 1 mean? How would you interpret an MCE of 0.40?