Question: 1) Classifying a cost as fixed or variable depends on how it behaves A. per unit, as the volume of activity changes. B. in total,

1) Classifying a cost as fixed or variable depends on how it behaves A. per unit, as the volume of activity changes. B. in total, as the volume of activity changes. C. Both A and B are correct. D. None of the above. 2) An organization plans to produce and sell 50,000 units. It actually produces and sells 45,000 units. You would expect total costs to be below the planned level due to cost A. consciousness. C. reductions. B. control. D. behavior. 3) A merchandising company typically will have a high proportion of which type of cost in its cost structure? A. Variable. C. Semi-variable. B. Fixed. D. Step-variable

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