12.Cost activity indexes might help classify costs as Question 12 options: permanent. transient. temporary. variable.

13. Which of the following is not a fixed cost? Question 13 options: Property taxes Direct materials Lease charge Depreciation

14. Firms operating at 100% capacity Question 14 options: have no fixed costs. are the exception rather than the rule. are common. have no variable costs.

15. Which one of the following is a name for the range over which a company expects to operate? Question 15 options: Relevant range Variable range Fixed range Mixed range

16.If Whisper Wings Airlines cuts its domestic fares by 30%, Question 16 options: a profit can be earned either by increasing the number of passengers or by decreasing variable costs. a profit can only be earned by decreasing the number of flights. its fixed costs will decrease. profit will increase by 30%.