Answer all questions and provide an explanation please

File Tools View Document1 - Word X What is the range of activity for which assumptions about variable and fixed costs remains valid C a 50% increase in total administration costs. known as? a 25% increase in total variable costs a Activity Range Question 5 b Cost Range Another name for an activity driver is C Relevant Range activity cost d Mixed Range b activity base Which of the following is an example of a variable cost? C base cost A property taxes standard base B salary of plant manager Which of the following do not change relative to changes in volume? C depreciation expense Total production costs D D direct materials cost Total variable costs Fixed costs per unit will Total fixed costs a increase as production decreases. Total mixed costs b decrease as production decreases. The Riley Company has a variable selling cost. If sales volume increases, how will the total varia- C remain the same as production levels change. ble cost and the variable cost per unit behave? increase as production increases. Total Variable Cost: Increase, Variable Cost Per Unit: Increase Question 4 b Total Variable Cost: Increase, Variable Cost Per Unit: Remain the same A 25% Increase in production volume will result in C Total Variable Cost: Remain constant, Variable Cost Per Unit: Decrease a a 25% increase in the variable cost per unit. d Total Variable Cost: Decrease, Variable Cost Per Unit: Increase a 50% increase in total mixed costs. Question 8 Screens 1-2 of 3 Lo 1 Focus 120%%