A cost which remains constant per unitat various levels of activity is avariable costfixed costmixed costO manufacturing costNone of the above A fixed cost is a cost whichvaries in total with changes in the levelof activityremains constant per unit withchanges in the level of activityvaries inversely in total with changesin the level of activityremains constant in total withchanges in the level of activityO None of the above

Variable costs are costs that change according to the level of activity. But, variable cost per unit…

Answered: cost which remains constant per unit

Business

Accounting

cost which remains constant per unit

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 17MC: In the cost equation Y=a+bx, Y represents which of the following? A. fixed costs B. variable costs...

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Concept explainers

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.

Question

A cost which remains constant per unit
at various levels of activity is a
variable cost
fixed cost
mixed cost
O manufacturing cost
None of the above

A fixed cost is a cost which
varies in total with changes in the level
of activity
remains constant per unit with
changes in the level of activity
varies inversely in total with changes
in the level of activity
remains constant in total with
changes in the level of activity
O None of the above

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