As the level of activity increases, on a per unit basis, explain what happens to variable costs
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (18 reviews)
As activity levels increase variable costs per unit do not change within the ...View the full answer
Answered By
Charles mwangi
I am a postgraduate in chemistry (Industrial chemistry with management),with writing experience for more than 3 years.I have specialized in content development,questions,term papers and assignments.Majoring in chemistry,information science,management,human resource management,accounting,business law,marketing,psychology,excl expert ,education and engineering.I have tutored in other different platforms where my DNA includes three key aspects i.e,quality papers,timely and free from any academic malpractices.I frequently engage clients in each and every step to ensure quality service delivery.This is to ensure sustainability of the tutoring aspects as well as the credibility of the platform.
4.30+
2+ Reviews
10+ Question Solved
Related Book For
Managerial Accounting
ISBN: 978-1259024900
9th canadian edition
Authors: Ray Garrison, Theresa Libby, Alan Webb
Question Posted:
Students also viewed these Managerial Accounting questions
-
What are variable costs and fixed costs? What are some examples of each? How are these costs estimated in forecasting operating expenses?
-
Explain the difference between variable costs and fixed costs.
-
What do the terms variable costs and fixed costs mean?
-
An average of three small businesses go bankrupt each month. What is the probability that five small businesses will go bankrupt in a certain month?
-
Working in groups of three, identify whether each of the following sentences is active or passive. Then, discuss whether the sentence uses active or passive voice appropriately and why. Next, change...
-
How can you start Excel for the first time on a Windows computer?
-
Calculate the range for each of the following sets of data: a. \(9,10,13\) b. \(5,3,9,12\) c. \(6,2,8,12,9,5,7\) d. \(8,4,1,6,14,9,12,5,11,7,4\) e....
-
Mary Givens and Peggy Moser are partners engaged in operating The G&M Doll Shop, which has employed the following persons since the beginning of the year: T. Binn (general office...
-
A standardization battle is underway in the market for electric cars, with BMW, Nissan, Tesla and Toyota investing to establish their technology as the dominant standard. In the battle, Tesla has...
-
1. Differentiate between expendable and untouchable shopping. Why is this distinction important to retailers? 2. As an independent jewelry retailer, what could you learn from Table 1? How should you...
-
Understanding cost terms and concepts is considerably more important in larger organizations with complex operations and multiple products or services being offered. In smaller and simpler companies...
-
In deciding whether to replace an existing machine with a newer, more cost effective machine, the original cost of the existing machine should be compared to the cost of the new machine. Do you...
-
Give the direction (±x, ±y, ±z) of the missing quantity for each of the four electromagnetic waves listed in Table 25-2. In table 25-2 Direction of electric field Direction of...
-
What is one advantage of investing directly in commodities instead of investing in companies that use them? Question 37Answer a. Lower transaction costs b. Higher potential returns c. Diversification...
-
What is one way in which the author recommends saving time: a. perform physical inventories right after year end b. confirm trade payables c. send lawyers letters at the same time d. eliminate the...
-
How does having a high-paying career impact paying off debt? A. It has no impact on paying off debt B. It increases the amount of debt owed C. It slows down the rate of paying off debt D. It speeds...
-
You have just extraEarly adopters are opinion leaders in their communities and adopt new ideas early but carefully.cted sales and cost data used by the accounting department for preparing financial...
-
whats the relation between industry characteristics and financial statements, for a company in a biotech industry?
-
The purpose of this activity is to get students to realize that there are no easy answers to many of these issues. Have students partner up for this activity. Each student should select one of the...
-
Estimate a range for the optimal objective value for the following LPs: (a) Minimize z = 5x1 + 2x2 Subject to X1 - x2 3 2x1 + 3x2 5 X1, x2 0 (b) Maximize z = x1 + 5x2 + 3x3 Subject to X1 + 2x2 +...
-
A project costs $80 MM, with 25% of the investment int in year 1 and the balance in year 2. The plant operates atates at 50% capacity in year 3 and then full capacity for the next next 20 years. The...
-
What is organizational Behaviour the study of? How is social sciences related to organizational behavior? What is the difference between social science and organizational behavior? What is the...
-
Describe the nature of organization change, including forces for change and planned versus reactive change
Study smarter with the SolutionInn App