7. As production volume increases, a variable cost a. Increases on a per-unit basis b. Remains...

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7. As production volume increases, a variable cost a. Increases on a per-unit basis b. Remains constant on a per-unit basis c

business accounting

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Answer 1

Answer #1

7. Option (b) is correct

As production volume increases, a variable cost remains constant on a per unit basis.

8. Option (a) is correct

The predetermined overhead rate is developed from forecast cost and forecast activity.

9. Option (a) is correct

Sales commission is a period cost not a product cost.

10. Option (d) is correct

Least squares method is the most accurate cost estimation method.

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Answer 2

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