The difference between variable costs and fixed costs is A. Unit variable costs fluctuate, and...
The difference between variable costs and fixed costs is
A. Unit variable costs fluctuate, and unit fixed costs remain constant.
B. Unit variable costs are fixed over the relevant range, and unit fixed costs are variable.
C. Total variable costs are variable over the relevant range and fixed in the long term, while fixed costs never change.
D. Unit variable costs change in varying increments, while unit fixed costs change in equal increments.
Homework Answers
The difference between variable cost and fixed cost is unit variable cost are fixed over the relevant range, and unit fixed cost are variable. It is because unit variable cost remains constant with increase or decrease in output however unit fixed cost decreases with increase in output level and increases with decrease in output level.
Hence, option B is correct answer.
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The difference between variable costs and fixed costs is
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Variable List Provided on right side (Not correct answers listed :/ ) Ch. 5 Homework Saved...
Variable List Provided on right side (Not correct answers
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Ch. 5 Homework Saved 15 Match each definition with its related term by selecting the appropriate term in the dropdown provided. (Select "None of these are correct" if there is no term for the "Definition".) 0.33 points eBook Print Definition A The way in which total cost behaves or changes, when some measure of activity changes B. The range of activity over which assumptions about cost behavior hold...
the drop down list has contribution margin contribution margin income statement contribution margin ratio fixed cost...
the
drop down list has
contribution margin
contribution margin income statement
contribution margin ratio
fixed cost
full absorption costing
linearity assumption
mixed cost
relevent range
scattergraph
step variable cost
unit contribution margin
variable cost
variable costing
none of these is correct
some terms may repeat
Check my work Match each definition with its related term by selecting the appropriate term in the dropdown provided. (Select "None of these are correct" if there is no term for the "Definition".) 0.3 points...
Match each definition with its related term by selecting the appropriate term in the dropdown provided....
Match each definition with its related term by selecting the appropriate term in the dropdown provided. (Select "None of these are correct" if there is no term for the "Definition".) Term Definition A. The way in which total cost behaves or changes, when some measure of activity changes. B. The range of activity over which assumptions about cost behavior hold true. C. A cost that changes in total in direct proportion to changes in activity while the per unit cost...
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Variable List Provided on right side (Not correct answers
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the
drop down list has
contribution margin
contribution margin income statement
contribution margin ratio
fixed cost
full absorption costing
linearity assumption
mixed cost
relevent range
scattergraph
step variable cost
unit contribution margin
variable cost
variable costing
none of these is correct
some terms may repeat
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