Costs that remain constant in total dollar amount as the level of activity changes are called ________ costs.
a.fixed
b.product
c.variable
d.mixed
Option A Fixed |
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Fixed cost as a total remain constant with changes in output. Variable cost as a total is in direct proportion to output. Mixed cost is a mix of both variable and fixed costs |
Costs that remain constant in total dollar amount as the level of activity changes are called...
A cost that changes in total dollar amount with the change in the level of activity is known as: Fixed cost Variable cost Conversion cost Mixed cost
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...
Answer these questions below 1. This costs changes in total with each level of volume or activity A. Fixed B. Variable C. Mixed D. None of these 2. In total this cost remains constant despite changes in activity or sales volumes A. Fixed B. Variable C. Mixed D. None of these 3. On a per unit basis this cost remain constant A. Fixed B. Variable C. Mixed D. None of these 4. On per unit basis this cost increases with...
regardless of changes in activity level Variable costs per unit 1. with changes in activity level Total variable cost
2. Total fixed costs regardless of changes in activity level (within a relevant range) Fixed costs per unit in proportion to changes in activity level.
The drivers that explain changes in costs as units produced change are called: Oa. Activity based cost drivers Ob. Non-unit-level drivers Oc. Unit-level drivers Od. All of these choices are correct. W
The drivers that explain changes in costs as units produced change are called: Oa. Activity based cost drivers Ob. Non-unit-level drivers Oc. Unit-level drivers Od. All of these choices are correct. W
In preparing flexible budgets, the costs that remain constant in total are ________ costs. Those costs that change in total are ________ costs.
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.
1. Describe how total variable costs and unit variable costs behave with changes in the level of activity. 2. How would each of the following costs be classified if units produced is the activity based? a. Direct material costs b. Direct labor costs c. Electricity costs of $0.35 per kilowatt-hour.