Homework Answers
Answer: Varies per unit as the output changes
Explanation:
A fixed cost is a cost that does not change with an increase or decrease in the amount of goods or services produced or sold.
However, the fixed cost per unit decreases as production increases, because the same fixed costs are spread over more units.
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CH 1 KB. Total fixed costs Varies per unit as the output changes O Remain fixed...
A fixed cost is a cost which O A. remains constant per unit with changes in...
A fixed cost is a cost which O A. remains constant per unit with changes in the level of activity B. varies in total with changes in the level of activity O c. varies inversely in total with changes in the level of activity D. remains constant in total with changes in the level of activity
O Variable costs per unit remain the same regardless of the volume. Question 7 2.5 pts...
O Variable costs per unit remain the same regardless of the volume. Question 7 2.5 pts Which of the following costs are most likely to be classified as variable? Factory rent Manager salaries Insurance Direct materials Straight-line depreciation 2.5 pts Question 8 Which of the following costs are most likely to be classified as fixed? Differential cost Question 6 2.5 pts Which one of the following statements is not true? Total fixed costs remain the same regardless of volume within...
8. When activity volume increases in the short term, A. fixed costs per unit remain unchanged...
8. When activity volume increases in the short term, A. fixed costs per unit remain unchanged and variable costs per unit increase B. fixed costs per unit increase and variable costs per unit remain unchanged C. fixed costs per unit remain unchanged and variable costs per unit decrease D. fixed costs per unit decrease and variable costs per unit remain unchanged E. fixed costs per unit decrease and variable costs per unit increase
As output (Q) varies, total fixed costs (TFC) and total variable costs (TVC) for a firm...
As output (Q) varies, total fixed costs (TFC) and total variable costs (TVC) for a firm are given by the following: Q TFC TVC 0 30 0 1 30 6.3 2 30 10.4 3 30 14.1 4 30 19.2 5 30 27.5 6 30 40.8 7 30 60.9 8 30 89.6 9 30 128.7 10 30 180 a) Compute total cost, average fixed cost, average variable cost, average total cost and marginal cost and report these in a table similar...
1. Total fixed costs change as the level of activity changes. true or false? 2. Variable...
1. Total fixed costs change as the level of activity changes. true or false? 2. Variable costs are costs that remain constant on a per-unit basis as the level of activity changes. true or false? 3. Variable costs as a percentage of sales are equal to 100% minus the contribution margin ratio. true or false 4. The data required for determining the break-even point for a business are the total estimated fixed costs for a period stated as a percentage...
4. When the selling price per unit and variable costs per unit remain constant, if total...
4. When the selling price per unit and variable costs per unit remain constant, if total fixed costs decrease, which of the following statements is true? A. Breakeven point in units increases. C. Breakeven point in units decreases B. Contribution margin decreases. D. Contribution margin increases. lace Furniture sells two products, tables and chairs. A table sells for $80 per unit riable costs of $25 per unit. A chair sells for $60 per unit with variable costs of Total fixed...
Variable costs: A.vary per unit of output as production levels change. B. are fixed in total as production levels change...
Variable costs: A.vary per unit of output as production levels change. B. are fixed in total as production levels change. C. decrease per unit as production volume increases. D. are fixed per unit and vary in total as production levels change.
When calculating the cost per unit, if we sell more units, but our fixed costs remain...
When calculating the cost per unit, if we sell more units, but our fixed costs remain the same, or total cost per unit will: Go down Stay the same Go up Previous Next
If selling price per unit is $45 variable costs per unit are 525 total fixed costs...
If selling price per unit is $45 variable costs per unit are 525 total fixed costs are $20,000, the tax rate is 40% and the company sells 8,000 units, net income is O A 591,200 O B. $.000 OC. $79200 OD. $132000
Fixed costs remain constant at $400,000 per month. During high-output months variable costs are $320,000, and...
Fixed costs remain constant at $400,000 per month. During high-output months variable costs are $320,000, and during low-output months variable costs are $80,000. What are the respective high and low indirect-cost rates if budgeted professional labor-hours are 16,000 for high-output months and 4,000 for low-output months? $56.20 per hour; $120.00 per hour $45.00 per hour; $120.00 per hour $25.00 per hour; $20.00 per hour $45.00 per hour; $45.00 per hour None of the above
A fixed cost is a cost which O A. remains constant per unit with changes in the level of activity B. varies in total with changes in the level of activity O c. varies inversely in total with changes in the level of activity D. remains constant in total with changes in the level of activity
O Variable costs per unit remain the same regardless of the volume. Question 7 2.5 pts Which of the following costs are most likely to be classified as variable? Factory rent Manager salaries Insurance Direct materials Straight-line depreciation 2.5 pts Question 8 Which of the following costs are most likely to be classified as fixed? Differential cost Question 6 2.5 pts Which one of the following statements is not true? Total fixed costs remain the same regardless of volume within...
8. When activity volume increases in the short term, A. fixed costs per unit remain unchanged and variable costs per unit increase B. fixed costs per unit increase and variable costs per unit remain unchanged C. fixed costs per unit remain unchanged and variable costs per unit decrease D. fixed costs per unit decrease and variable costs per unit remain unchanged E. fixed costs per unit decrease and variable costs per unit increase
4. When the selling price per unit and variable costs per unit remain constant, if total fixed costs decrease, which of the following statements is true? A. Breakeven point in units increases. C. Breakeven point in units decreases B. Contribution margin decreases. D. Contribution margin increases. lace Furniture sells two products, tables and chairs. A table sells for $80 per unit riable costs of $25 per unit. A chair sells for $60 per unit with variable costs of Total fixed...
When calculating the cost per unit, if we sell more units, but our fixed costs remain the same, or total cost per unit will: Go down Stay the same Go up Previous Next
If selling price per unit is $45 variable costs per unit are 525 total fixed costs are $20,000, the tax rate is 40% and the company sells 8,000 units, net income is O A 591,200 O B. $.000 OC. $79200 OD. $132000
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