Costs that remain the same over a wide range of activity, but jump to a different...
Costs that remain the same over a wide range of activity, but jump to a different amount outside that range, are termed:
a. Step-fixed costs.
b. Step-variable costs.
c. Semivariable costs.
d. Curvilinear costs.
e. Mixed costs.
Homework Answers
Answer : A = Step Fixed cost.
>> In step fixed cost, cost of fixed cost is constant for fixed volume, as volume increases fixed cost is increased to the extent and constant for certain volume and and increases again.
>> For example if volume of inventory increases more floor space required rent increases if you increase more volume of inventory fixed cost also increases in the term of rent.
>> For certain volume one sales manager is enough, if you increase the volume two managers required,.
>> In Step fixed cost method, fixed cost increases for every certain level increase of volume.
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Costs that remain the same over a wide range of activity, but
jump to a different...
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11) True or False: As activity decreases within the relevant range, fixed costs remain constant on...
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The relevant range of activity refers to the O geographical areas where the company plans to...
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Question 22 Not yet answered Yang Manufacturing, which uses the high-low method, makes a product called...
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If the level of activity increases within the relevant range: A) variable costs per unit and...
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The relevant range of activity refers to the O geographical areas where the company plans to operate. O activity level where all costs are curvilinear. O levels of activity over which the company expects to operate. level of activity where all costs are constant (remain the same).
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Question 22 Not yet answered Yang Manufacturing, which uses the high-low method, makes a product called Yin. The company incurs three different cost types (A, B, and and has a relevant range of operation between 2,500 units and 10,000 units per month. Per unit costs at two different activity levels for each cost type are presented below. Points out of 10 Type C Total Flag question Type A $4 Type B $9 $4 5,000 units 7,500 units $17 $13 The...
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