Explain what happens to the following when activity level decreases: a. Total fixed cost. b. Total variable

Question:

Explain what happens to the following when activity level decreases:
a. Total fixed cost.
b. Total variable cost.
c. Total mixed cost.
d. Fixed cost per unit.
e. Variable cost per unit.
f. Mixed cost per unit.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Managerial Accounting

ISBN: 978-0078025518

2nd edition

Authors: Stacey Whitecotton, Robert Libby, Fred Phillips

See More Books

Question Posted: Feb 27, 2015 09:59 AM

See More Questions

Explain what happens to epidermal cells as they undergo keratinization.
When an element forms an anion, what happens to the radius? When an element forms a cation, what happens to the radius? Why? Define the term isoelectronic. When comparing sizes of ions, which ion has...
Explain what happens to a nation's unemployment rate, employment rate, and labor force participation rate if unemployed individuals become so discouraged that they stop looking for jobs.
The owner of a smoky bar in a warm climate relies on natural exchange between the bar and outside to keep smoke levels manageable in the bar (below 50 microgram/m). Smokers account for a smoke PM10...
Ricardo acquired a warehouse for business purposes on August 30, 1995. The building cost $400,000. He took $226,900 of depreciation on the building, and then sold it for $500,000 on July 1, 2014....
Use Gaussian elimination with backward substitution and two-digit rounding arithmetic to solve the following linear systems. Do not reorder the equations. (The exact solution to each system is x1 =...
Describe how ethical theories, principles, virtues, and values are helpful to caregivers and the ethics committee in resolving ethical dilemmas.
Collins Corporation purchased office equipment at the beginning of 2009 and capitalized a cost of $2,000,000. This cost figure included the following expenditures: The company estimated an eight-year...
4. Let f(x, z) = C ([0, 1] R) be strictly convex with respect to its second argument and define for y(x) = C[0,1], J (y) = [* f(x, y'(x)) dx. (a) (7 points) Consider J(y; v) on the set D = {y C [0,...
1: Using variable elimination (by hand!), compute the probability that a student who did well on the test actually understood the material, that is, compute P(+u| + e). 2: For the above Bayesian...
Define each of the following terms: variable cost, fixed cost, step cost, and mixed cost. Give an example of each.
Describe the three methods of analyzing mixed costs. What are the strengths and weaknesses of each method? Will these methods always yield exactly the same results?
A year ago, you invested $10,000 in a saving account that pays an annual interest rate of 3%. What is your approximate annual real rate of return if the rate of inflation was 4% over the year?
3:33 Provide at least three ways that it could be done. Submit your responses in at least 3 paragraphs, in your own words, to Project 3 in Moodle. FOR INSTRUCTOR USE ONLY Grading Rubric Grading...
What acceleration does a baseball of mass 0 . 6 1kg experience when you hit it by a bat if 1 9 1 N are exerted by the bat on the ball ?
Scenario: WIll launch a new 'luxurious' line of food products How to avoid product cannibalization and ensure that existing and similar product lines are not consequentially perceived as of lesser...
What does social responsibility mean to you personally? Do you think business organizations should be socially responsible? What do you think is the best way for managers to ensure their employees...
What are the 4 approaches of social responsibility? Which approach do the cruise lines appear to be taking? Explain.
If a C 3 plant and a C 4 plant are placed together in a sealed illuminated box with sufficient moisture, the C 4 plant thrives while the C 3 plant sickens and eventually dies. Explain.
What is beacon marketing? What are digital wallets?
Consider a horizontal supersonic flow at Mach 2.8 with a static pressure and temperature of $1 \mathrm{~atm}$ and $519^{\circ} \mathrm{R}$, respectively. This flow passes over a compression...
How can budgeting assist a company in planning its workforce staffing levels?
The principal purpose of the cash budget is to see how much cash the company will have in the bank at the end of the year. Do you agree? Explain.
The principal purpose of the cash budget is to see how much cash the company will have in the bank at the end of the year. Do you agree? Explain.
You invest 50% of your financial assets in the Vanguard Total Stock Market ETF (VTI) and 50% in the Vanguard Total Bond Market ETF (BND). VTI has an expected return of 8% and a standard deviation of...
You have found the car you would like to purchase. The negotiated price = $57,500 and you are taking out a loan with a 7.5% APR compounded monthly for 6 years. What are your monthly payments? Car...
Suppose a male member currently aged 35, entered service at his age of 25, has a current salary of $75, 000 and total past salary of $650, 000. Assume that salaries increase at the beginning of each...

Explain what happens to the following when activity level decreases: a. Total fixed cost. b. Total variable

Question:

Step by Step Answer:

When activity level decreases a Total fixed costs ...View the full answer

Managerial Accounting

Students also viewed these Managerial Accounting questions