Which of the following costs should be considered in short term decisions? a. Variable cost per...
Which of the following costs should be considered in short term decisions?
| a. |
Variable cost per unit |
|
| b. |
Historical costs |
|
| c. |
Unavoidable fixed costs |
|
| d. |
Sunk costs |
|
| e. |
last year costs |
Homework Answers
Following costs should be considered in short term decisions:-
Historical costs
Unavoidable fixed costs
Some last year costs
Because these types of cost allow business managers to predict revenue, operating income, and changes in sales volume.
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Which of the following costs should be considered in short term
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a.
Variable cost per...
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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
Which of the following statements is CORRECT? a. Variable costs need to be considered in the...
Which of the following statements is CORRECT? a. Variable costs need to be considered in the analysis of a capital budgeting project, but not fixed costs. b. Variable costs and fixed costs need to be considered in the analysis of a capital budgeting project. c. The NPV criterion is preferable for evaluating expansion projects, while the IRR criterion is preferable for evaluating replacement projects. d. The IRR criterion is preferable for evaluating expansion projects, while the NVP criterion is preferable...
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c. The per-unit variable costs change d. Per-unit sales prices change 7. The amount of increase or decrease in cost that is expected from a particular course of action as compared to an alternative is termed: a. Period cost. b.Product cost. c. Differential cost. d. Discretionary cost. 8. A cost that will not be affected by later decisions is termed: a. Historical cost. b. Differential cost. c. Sunk cost. d. Replacement cost. The amount of income that would result from...
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Which of the following statements are true when making decisions using cost volume profit analysis? A. As long as the contribution margin is a positive number, net income will be positive B. As long as variable costs are more then fixed costs, net income will be negative C. As long as the contribution margin is greater than the fixed costs, net income will be positive D. As long as the sales price per unit is greater than fixed costs per...
Which of the following costs is classified as a period cost under variable costing? O a....
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Answer these following questions: 1. Only variable costs can be relevant or differential cost A. True...
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Which of the following statements is CORRECT? a. Variable costs need to be considered in the analysis of a capital budgeting project, but not fixed costs. b. Variable costs and fixed costs need to be considered in the analysis of a capital budgeting project. c. The NPV criterion is preferable for evaluating expansion projects, while the IRR criterion is preferable for evaluating replacement projects. d. The IRR criterion is preferable for evaluating expansion projects, while the NVP criterion is preferable...
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Answer these following questions: 1. Only variable costs can be relevant or differential cost A. True B. False 2. Fixed Costs which change with a decisions are relevant A. True B. False 3. Sunk costs are always relevant to decisions A. True B. False 4. In incremental analysis, total fixed costs will always remain constant A. True B. False 5. A special order should not be accepted if the sales price is less than the unit variable cost. A. B....
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