Total variable costs change in proportion to changes in the volume of activity. True or False
Total variable costs change in proportion to changes in the volume of activity.
True or False
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Total variable costs change in proportion to changes in the
volume of activity.
True or False
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...
ter 5 Exam Question 1 Total fixed costs change with changes in volume of activity. True...
ter 5 Exam Question 1 Total fixed costs change with changes in volume of activity. True False Question 2 Per unit fixed costs change with changes in activity. True False Question 3 If a firm's activity expands beyond its relevant range, only fixed costs must be reevaluated. True False
q1. Variable costs change in direct proportion to a change in the activity level. true or...
q1. Variable costs change in direct proportion to a change in the activity level. true or false q2. The relevant range is that range of activity where a company achieves its maximum efficiency. true or false
1. As the total volume of activity changes: a. the total of variable costs stays the...
1. As the total volume of activity changes: a. the total of variable costs stays the same. b. the total of fixed costs changes. c. variable costs per unit change. d. fixed costs per unit change. 2. ABC Company's sales are $100,000, fixed costs are $50,000, and variable costs are $30,000. ABC Company's contribution margin and operating income are __________ and __________ respectively. a. $50,000; $20,000 b. $20,000; $70,000 c. $70,000; $50,000 d. $70,000; $20,000 3. Managerial accounting, as compared...
Fixed Factory and Variable Factory Overhead Cost : A. True or False / Fixed factory overhead changes...
Fixed Factory and Variable Factory Overhead Cost : A. True or False / Fixed factory overhead changes in total over the relevant range, based on production. B.True or False / Fixed factory overhead per unit does not change over the relevant range. C. True or False / Variable factory overhead does change in total over the relevant range. D. True or False / Activity based costing is used to allocate overhead cost pools based on single basis such as direct labor hours or machine...
11) True or False: As activity decreases within the relevant range, fixed costs remain constant on...
11) True or False: As activity decreases within the relevant range, fixed costs remain constant on a per unit basis. 13) True or False: Within the relevant range, a change in activity results in a change in variable cost per unit and total fixed cost.
At current activity volume of 100 units, total fixed costs are $1000 and total variable costs...
At current activity volume of 100 units, total fixed costs are $1000 and total variable costs are $2000. Next month activity volume will decrease to 80 units. Predict unit cost (total cost per unit) for the next month.
Within the relevant range, the change in activity level will result in ): a. No changes...
Within the relevant range, the change in activity level will result in ): a. No changes in either total fixed costs or total variable costs. b. A change in total fixed cost and no changes in total variable costs. c. A change in total variable cost and no changes in total fixed costs. d. A change in both of total fixed costs and total variable costs.
regardless of changes in activity level Variable costs per unit 1. with changes in activity level...
regardless of changes in activity level Variable costs per unit 1. with changes in activity level Total variable cost
TRUE or FALSE? As product diversity and indirents as a percent of total costs increase, it...
TRUE or FALSE? As product diversity and indirents as a percent of total costs increase, it is usually best to switch away from an activity-based cost system to a traditional volume-based cost allocation system. O True O False 15 问题2 TRUE or FALSE? Under activity-based costing, some manufacturing costs can be excluded from unit product cost. O True False
ter 5 Exam Question 1 Total fixed costs change with changes in volume of activity. True False Question 2 Per unit fixed costs change with changes in activity. True False Question 3 If a firm's activity expands beyond its relevant range, only fixed costs must be reevaluated. True False
regardless of changes in activity level Variable costs per unit 1. with changes in activity level Total variable cost
TRUE or FALSE? As product diversity and indirents as a percent of total costs increase, it is usually best to switch away from an activity-based cost system to a traditional volume-based cost allocation system. O True O False 15 问题2 TRUE or FALSE? Under activity-based costing, some manufacturing costs can be excluded from unit product cost. O True False
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