Which of the following is true when referring to fixed costs? I. Fixed costs remain constant in total throughout the relevant range. II. The trend in companies today is toward greater fixed costs relative to variable costs. III. As volume increases, unit fixed cost and total fixed cost will change. IV. Fixed costs increase in total throughout the relevant range. a. II only b. All but IV c. I and II d. All but III e. None of these

Q: uestion 2 Which of the following occurs if a company increases its selling price per unit? (Assume…

A: The contribution margin is calculated as the difference between the sales and variable costs. The…

Q: Which of the following statements is TRUE? O A. Variable costs per unit decrease as production…

A: Total Variable cost are the cost which changes with change in production volume . Fixed cost do not…

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A: Fixed cost is a cost which is constant in the short run, it is not related to any change in the…

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A: Variable costs are the expenditure incurred on production of goods which changes in direct…

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A: The relevant range is production range in which fixed costs remain constant. Fixed cost is a cost…

Q: As the number of units produced by a manufacturer decrease O Fixed costs per unit increases O…

A: Fixed costs are costs that do not fluctuate if level of activity changes. Variable costs are costs…

Q: QUESTION 8 If Nim Com Soup, Inc.'s, variable costs per unit decrease, while selling price per unit…

A: Since, Selling price - Variable Cost  =  contribution margin

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A: The contribution margin decides which product gives more profits to the company. The contribution is…

Q: Which of the following describes the behavior of the fixed cost per unit?

A: Fixed cost is the cost which is doesnt change gets effects with the change in production which means…

Q: As production increases within the relevant range, Group of answer choices a. None of the…

A: If the level of production changes within the relevant range: Per unit variable cost remains same…

Q: On the cost-volume-profit graph, which of the following would result into an increase in the…

A: Answer

Q: Select the correct statement concerning the below cost-volume-profit graph: Line E A O a. None O b.…

A: Margin of safety=Budgeted sales in dollars-Break even level in sales dollars

Q: why does fixed costs remain the same in total dollar amount but increases per unit as the level of…

A: Fixed costs means those costs which remain fixed in total dollar amount as the level of activity…

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A: The costs incurred into the production are classified as fixed and variable costs. The variable…

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A: Absorption costing is a method of costing in which all manufacturing costs both variable and fixed…

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A: Solution:- Break-even point is the point where the total costs of a business are equal to the total…

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A: CVP investigation takes a goose at the impact of deals volume minor departure from prices and…

Q: Which one of the following statements about fixed costs is correct? -The average fixed cost per…

A: Fixed cost is the cost that remains constant irrespective of the level of production. A company…

Q: All else being equal, what happens to the unit contribution margin and the contribution margin ratio…

A: Contribution margin is the margin of profits of any enterprise which is essentially a function of…

Q: 16 Which costs will change with a decrease in activity within the relevant range? Select one: a.…

A: The correct answer is a. Unit fixed cost and total variable costs.Explanation:Understanding how…

Q: . Which of the following is the best definition of a variable cost? A. A variable cost is one which…

A: Variable costs are the costs that vary on the basis of the level of output. They are determined per…

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A: CVP stands forc cost volume price it is a way to find out that how changes in variable and fixed…

Q: Within the relevant range: Select one: O A. variable cost per unit decreases as production…

A: Within the relevant range: (B) Fixed cost increases as the production decreases. With fewer goods…

Q: Everything else remaining the same, an increase in fixed costs:  I- increases the break-even point…

A: Financial breakeven point is that breakeven point, which is based out of net present value (NPV).…

Q: Which of the following is true of fixed and variable costs? Volume changes will not change the…

A: Fixed cost includes expenses that remain constant irrespective of the level of outputs, like rent,…

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.