Which of the following defines variable cost behavior? a. Total cost reaction to increase in activity (Remain Constant); Cost per unit reaction to increase in activity (Remains Constant) b. Total cost reaction to increase in activity (Remain Constant); Cost per unit reaction to increase in activity (Increases) c. Total cost reaction to increase in activity (Increases); Cost per unit reaction to increase in activity (Increases) d. Total cost reaction to increase in activity (Increases); Cost per unit reaction to increase in activity (Remains Constant)
Which of the following defines variable cost behavior? a. Total cost reaction to increase in activity (Remain Constant); Cost per unit reaction to increase in activity (Remains Constant) b. Total cost reaction to increase in activity (Remain Constant); Cost per unit reaction to increase in activity (Increases) c. Total cost reaction to increase in activity (Increases); Cost per unit reaction to increase in activity (Increases) d. Total cost reaction to increase in activity (Increases); Cost per unit reaction to increase in activity (Remains Constant)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Which of the following defines variable cost behavior?
a. Total cost reaction to increase in activity (Remain Constant); Cost per unit reaction to
increase in activity (Remains Constant)
b. Total cost reaction to increase in activity (Remain Constant); Cost per unit reaction to
increase in activity (Increases)
c. Total cost reaction to increase in activity (Increases); Cost per unit reaction to increase
in activity (Increases)
d. Total cost reaction to increase in activity (Increases); Cost per unit reaction to increase
in activity (Remains Constant)
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