Question: A cost which changes in total in direct proportion to a change in the cost driver is a: Fixed cost O variable cost step cost

A cost which changes in total in direct proportion to a change in the cost driver is a: Fixed cost O variable cost step cost O total cost

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

9. A cost that changes in total in direct proportion to a change in the cost driver is a: A. variable cost B. fixed cost C. semivariable cost D. step-variable cost 8. A cost that has both a fixed and...

Q:

A cost that changes in total in direct proportion to a change in the cost driver is a: variable cost. fixed cost. semivariable cost. step-variable cost.

Q:

6. A cost that changes in total in direct proportion to a change in the cost driver is a: Select one: A. semi-variable cost. B. step-variable cost. C. variable cost. D. fixed cost. 7. The cost...

Q:

A variable cost is a ( n ) Blank _ _ _ _ _ _ . Multiple choice question. activity or event that causes costs to be incurredThis is a cost driver. cost that remains unchanged in total as the level of...

Q:

All Sections Question 13 Answer saved Marked out of 1.00 A cost that changes in total in direct proportion to a change in activity level is a: Select one: O a. Fixed cost Flag question b. Variable...

Q:

Mid-term 2 Examination Review Quiz and additional practice problems solution: 1) A radial tire manufacturer produces products in two departmentsDivision A and B. The company uses separate allocation...

Q:

ework Ch5 Help Save & Ex Submit Check my work 5 E5-1 (Static) Matching Terminology [LO 5-1,5-5, 5-S1) Match each definition with its related term by selecting the appropriate term in the dropdown...

Q:

Match each definition with its related term by selecting the appropriate term in the dropdown provided. (Select "None of these are correct" If there is no term for the "Definition") Definition A. The...

Q:

watch each definition with its related term by selecting the appropriate term in the dropdown provided. (Select "None of these are correct" If there is no term for the "Definition") Help Statu Check...

Q:

Definition A. The way in which total cost behaves or changes, when some measure of activity changes. B. The range of activity over which assumptions about cost behavior hold true. C. A cost that...

Q:

In the event that the BRICs fail to meet projected performance, what would be some of the implications for the international business environment?

Q:

Inherent risks can be classified according to their nature, such as unusual pressure on management or account likely to require adjustments; and also as either a financial report level inherent risk...

Q:

Estimated costs are $ 1 0 0 , 0 0 0 in Year 1 and $ 2 5 , 0 0 0 each year in Years 2 , 3 , and 4 . ( Hint: Just change the years in the template you will use below from 0 , 1 , 2 , 3 , and 4 to 1 , 2...

Q:

Determine the major differences between U.S. GAAP and IFRS disclosure reporting requirements related to each separately reportable operating segment. Next, give your opinion as to whether either U.S....