TION 25
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- 20. Which of the following statements is correct about variable costs? a. Variable costs vary on per unit basis but remain the same in total as the level of activity changes b. Variable costs vary on per unit basis as the level of activity changes c. Variable costs vary in total in direct proportion to changes in the level of activity d. Variable costs remain the same in total as the level of activity changes17. "Within the relevant range, if there is a change in the level of the cost driver, then:" fixed costs per unit will change and variable costs per unit will remain the same fixed costs per unit will remain the same and variable costs per unit will change fixed and variable costs per unit will remain the same fixed and variable costs per unit will changeCh. 5 Fixed Costs/Per Unit Pleaes explain the following concept/rule and give an example: Why do fixed costs on a per unit bases decrease with an increase in activity level? Also what is the difference between a fixed cost and a per-unit fixed cost?
- 20. "Within the relevant range, if there is a change in the level of the cost driver, then:" total fixed costs will remain the same and total variable costs will change total fixed costs will change and total variable costs will remain the same total fixed costs and total variable costs will remain the same total fixed costs and total variable costs will change35. As production increases within the relevant range, Group of answer choices a. None of the statements is true. b. fixed costs will vary in total. c. variable costs will vary on a per unit basis. d. fixed costs will vary on a per unit basis.25. Which of the following costs has no relationship with the level of output?a) Semi-variable costs.b) Variable costs. c) Stepped fixed costs. d) Fixed costs.
- Question 1:Verna Salsbury tells you that she thinks the terms fixed cost and variable cost are confusing. She notes that fixed cost per unit changes when the number of units changes. Furthermore, variable cost per unit remains fixed regardless of how many units are produced. She concludes that the terminology seems to be backward. Explain why her explanation appears to be incorrect.Question 10 An increate in Fixed Cost per unit maybe attributed with decrease in production. A. True B. FalseQUESTION 14 When performing sensitivity analysis, which of the following is an example of a variable that management may consider changing to answer "what if" questions? Sales price per unit Fixed cost per unit Variable cost per unit Both Variable cost per unit and Sales price per unit are correct.
- QUESTION 15 The best objective when faced with limited resources is to maximize: production of the product with the highest selling price. production of the product with the highest customer demand. the contribution margin per unit of the constraining resource. the gross profit per unit of the constraining resource.50.Within the relevant range, if there is a change in the level of the cost driver then a. total fixed costs and total variable costs will change. b. total fixed costs and total variable costs will remain the same. c. total fixed costs will remain the same and total variable costs will change. d. total fixed costs will change and total variable costs will remain the same.22. Which of the following statements is true if total fixed costs decrease while the sales price per unit and variable cost per unit remain constant? The contribution margin increases. The breakeven point increases. The contribution margin decreases. The breakeven point decreases.
