Answered: SUBJECT - ACCOUNT IN TERMS OF VARIABLE…

SUBJECT - ACCOUNT IN TERMS OF VARIABLE COSTS, THE REMAINS THE SAME REGARDLESS OF CHANGES IN THE ACTIVITY BASE. A. COST PER UNIT B. TOTAL COST C. FIXED COST D. NONE OF THE ABOVE.

Financial & Managerial Accounting

14th Edition

ISBN:9781337119207

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter19: Cost-Volume-Profit Analysis

Section: Chapter Questions

Problem 1DQ: Describe how total variable costs and unit variable costs behave with changes in the level of...

See similar textbooks

Related questions

Q: calculate variable costing

A: Step 1: Calculate the Contribution Margin per unitUnder variable costing, the unit product cost…

Q: How does stewardship accounting differ from traditional ownership accounting? a) Resource management…

A: Explanation of Stewardship Accounting:Stewardship accounting is centered around the management and…

Q: Hello tutor please provide correct answer general accounting

A: Step 1: Calculate Operating Cash FlowOperating cash flow is the amount of cash generated by the…

Q: ? answer?

A: Explanation of Finished Goods Inventory: Finished goods inventory represents the total value of…

Q: If you give me wrong answer I will give you unhelpful rate on these general accounting question

A: Step 1: Define Depreciation MethodsA capital expenditure, when written off periodically to the…

Q: Please solve this general accounting question

A: Step 1: Define Manufacturing OverheadManufacturing overhead is applied to the total units that have…

Q: expert please answer this general account question

A: Step 1: Calculate Taxable IncomeTaxable Income from Operations: $65,000Interest Income: $5,000…

Q: ?

A: Explanation of Gross IncomeGross income refers to the total income earned by a corporation before…

Q: Please provide correct answer financial Accounting

A: Step 1: Define Common StockThe most popular kind of stock is common stock. It represents the shares…

Q: Answer this question correctly, wrong answer will get accounting

A: Step 1:1. The material price variance is calculated as follows: Material price variance = (Actual…

Q: What characterizes the accounting for subscription returns in publishing companies? a) Record as…

A: Explanation of Subscription Returns: Subscription returns represent the portion of subscription…

Q: Direct labor rate variance?

A: Explanation of Direct Labor Rate Variance: Direct labor rate variance is the difference between the…

Q: I don't need ai answer

A: We have given, Net income (2013) : $300,000Percentage of increase : 24.5% We know formula of %…

Q: I need the soulation in table in detail please

A: 1a. Adjusted Taxable Profit CalculationNet Profit: RO 8,000 (per statement)Additions to…

Q: After the accounts are adjusted solutions this general accounting question

A: Step 1: Define Accounts ReceivableThe accrual basis suggests that when revenue is earned but not…

Q: answer me

A: Explanation of Budgeted Factory Overhead:Budgeted factory overhead represents the estimated costs of…

Q: What percentage complete were the ending inventory units on this general accounting question?

A: Step 1: Define Equivalent Unit of ProductionThe equivalent unit of production is the term used in…

Q: Get correct answer accounting

A: When using the straight-line depreciation method, the goal is to spread the truck's total…

Q: Can you please solve these general accounting question?

A: Determine Beginning Inventory: Identify the value of inventory at the start of the accounting…

Q: Given answer accounting questions

A: We knowOperating cash flow = Cash flow from assets + Change in net fixed assets + Net change in…

Q: Hello teacher please give me answer general accounting

A: Step 1: Information givenFace value of promissory note = 10,000Rate of promissory note = 9% or…

Q: What is the purchaser's net cost of the merchandise?

A: Explanation of Discount Terms (2/10, n/30):The term "2/10" means the buyer can take a 2% discount on…

Q: Do fast answer of this question solution accounting

A: Step 1: Define Asset DisposalAfter the expiry of the useful life of a fixed asset, it is sold in the…

Q: Media, inc., an advertising agency , applies solve question general accounting

A: Step 1: Compute the predetermined overhead rate by dividing the estimated overhead by the estimated…

Q: Assuming all other things equal, it is possible that the lower-of-cost-or-market method can result…

A: Yes, I agree with the statement that the lower-of-cost-or-market (LCM) method can result in higher…

Q: Provide this account query's answer

A: Step 1: Data ProvidedThe year-end inventory includes the following:CategoryQuantityCost per…

Q: Can you please solve this accounting question?

A: Step 1: Define Return on AssetsReturn on Assets is a profitability ratio which measures the net…

Q: Calculate 2.5 hours cost

A: Explanation of Structured Payment System: A structured payment system is a methodical approach to…

Q: Please provide financial accounting

A: Step 1: Introduction to stockholders' equityStockholders' equity refers to the residual value of the…

Q: I need answer of this question solution general accounting

A: Step 1: Define Actual Manufacturing OverheadThe actual manufacturing overhead cost is the company's…

Q: What will be the solvency ratio on these accounting question?

A: Step 1: Define Solvency RatioThe capacity of an organization to pay off its long-term debt and…

Q: Please provide correct answer general accounting

A: Step 1: The amount of underapplied or overapplied manufacturing overhead is the difference between…

Q: Provide answer the following requirements on these accounting question

A: Step 1: Define ROA and ROEReturn on asset (ROA) and return on equity (ROE) are two measures of a…

Q: Need full details answer with explanation

A: Formula for Price DifferenceThe price difference is calculated as:Price Difference=Selling…

Q: Please give me true answer this financial accounting question?

A: Step 1: Define Forward Price-Earnings RatioThe forward price-earnings ratio is the ratio of the…

Q: Can you please give answer the accounting question?

A: Option a: This option is incorrect because it only shows the variable cost. Option b: This option…

Q: a PDF PDF PDF PDF PDF PDF D2L D2L D2L GI D2L D2L D2L…

A: Detailed explanation:When the maturity is expressed in days, the exact number of days must be…

Q: Mr. King is employed as a plumber by MBV Services. This year, Mr. King paid a $225 fee to renew his…

A: Step 1: Total Job-Related ExpensesMr. King incurred the following expenses:Fee for plumber's…

Q: Need help with this question solution general accounting

A: MakeBuyDirect materials10.50 Direct labor14.50 Variable overhead3.50 Purchase cost 37.00Total…

Q: Account solution needed

A: Given Information:Finished Goods Inventory (beginning) = 120 unitsUnits Produced = 190 unitsUnits…

Q: calculate both questions answer. Sub. Account

A: a. Shanna's Deduction for Rent Expenses in 2019 (12-Month Lease)Facts:Rent payment: $8,400 for 12…

Q: Tedesco Company changed depreciation methods in 2025 from double-declining-balance to straight-line.…

A: First, we need to calculate the book value of the asset at the beginning of 2025. The book value is…

Q: need solution please

A: Explanation of Fixed CostsFixed costs are expenses that do not change with the level of production…

Q: CALCULATE ROI

A: Explanation of Return on Investment (ROI): ROI is a performance measure used to evaluate the…

Q: How much should sacks record

A: Hello student! Our accounting standard (IAS 16) requires us to recognize the asset acquired at its…

Q: In December 2014, infodeo established its predetermined overhead accounting questions

A: Step 1: Define Manufacturing OverheadTo determine the manufacturing overhead, all the indirect…

Q: Not use ai pls provide correct answer general accounting

A: Step 1: Define Return on AssetsReturn on assets is the ratio of a firms net income to the value of…

Q: Consider the following information for

A: Formula for ROI:ROI = (Net Income / Total Assets) * 100For 2021:Net Income = 3,620,000Total Assets =…

Q: None

A: Step 1: Compute the total equivalent units as follows: ABCD1Computation of Equivalent Units2 Total…

Q: GENERAL ACCOUNT - 32 On December 31, 2009, the end of the accounting period, Cruise Company has on…

A: Problem Breakdown:Units on hand: 10,000Cost per unit (when purchased in June 2009): $40Selling price…

Question

100%

fill empty space with correct answer

SUBJECT - ACCOUNT
IN TERMS OF VARIABLE COSTS, THE
REMAINS THE
SAME REGARDLESS OF CHANGES IN THE ACTIVITY BASE.
A. COST PER UNIT
B. TOTAL COST
C. FIXED COST
D. NONE OF THE ABOVE.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Similar questions

In the cost equation Y=a+bx, Y represents which of the following? A. fixed costs B. variable costs C. total costs D. units of production
Describe how total fixed costs and unit fixed costs behave with changes in the level of activity.
A cost which changes in proportion to changes in volume of activity is called a: * a. fixed cost b. controllable cost c. variable cost d. opportunity cost
A cost that has characteristics of both a variable cost and a fixed cost is called a Oa. variable/fixed cost Ob. sunk cost Oc. discretionary cost Od, mixed cost
2. The following total cost graphs indicate which type of cost behavior? A. VARIABLE COST B. FIXED COST C. MIXED COST D. STEP COST
Which of the following best describes a fixed cost? a.Cost representing a fixed proportion of total costs b.Cost directly related to output c.Cost that remains at the same level up to a particular level of output . d.Cost that remains at the same level when output increases.
relevant costs are always: a.variable costs b.avoidable costs c.sunk costs d.fixed costs
cc
Which of the following best describes a variable cost? A cost that: a. Represents a fixed proportion of total costs b. Has a direct relationship with outputc. Is sometimes also known as an indirect cos d. Falls on average, as output increases.
Which of the following statements describes variable costs?A. Costs that vary on a per-unit basis as the level of activity changesB. Costs that vary in total in direct proportion to changes in the level of activityC. Costs that remain the same in total dollar amount as the level of activity changesD. Costs that vary on a per-unit basis, but remain the same in total as the level of activity changes
In the cost equation TC = F + VX, “V” is best described as the: Multiple Choice intercept of the cost equation. total costs that do not vary with changes in the activity level. activity level used to estimate the dependent variable. slope of the cost equation.
(a) Variable Costs are costs that change in direct proportion to changes in activity level. (b) Unit variable cost remain constant regardless of the level of activity a. Both statements are true b. Both statements are false c. Statement A is true and statement B is false d. Statement A is false and statement B is true