Question: answer with an explanation Mediation MCQ (20 Marks) Important. No answer will be considered without sunnattint calculation needed Leements as Sewuiture for $100 which is

 answer with an explanation Mediation MCQ (20 Marks) Important. No answer
answer with an explanation

Mediation MCQ (20 Marks) Important. No answer will be considered without sunnattint calculation needed Leements as Sewuiture for $100 which is an expira 1) Which one of the following costs changes per unit by the changes in volume? A) Variable cost 1) Fixed cost D) Total production cost C) Mixed cost Prepare the fol 2019 1. Collection will be col (ACCOUNT 2) Variable cost per unit will A) increase as production increase C) remain the same as production levels change B) decrease as production decreases. D) decrease as production increases. 2- 3) Total Fixed cost will: A) increase as production increases. C) remain the same as production levels change. B) Increase os production decreases D) Increase as production decreases. 4) Which of the following is considered one of the budgeting benefits? A) Budgeting demands integrated input from different business units and functions. B) Budgeting requires close cooperation between suppliers and creditors. C) Budget figures are used to evaluate the performance of investors. D) All of the above. 5) If the selling price per unit equals $ 200 and contribution ratio is 80%, how much is the variable cost per unit and ratio? A) Variable cost per unit is $ 40 and variable cost ratio is 20%. B) Variable cost per unit is $ 24 and variable cost ratio is 20%. C) Variable cost per unit is $ 40 and variable cost ratio is 80%. D) Variable cost per unit is $ 24 and variable cost ratio is 80%. 6) The relevant range can be defined as: A) The range of volume where total fixed costs remain constant and total variable costs remain variable. B) The range of volume where total variable costs remain variable and fixed cost per unit remains variable. C) The range of volume where total fixed costs remain constant and fixed cost per unit remains variable. D) The range of volume where total fixed costs remain constant and variable cost per unit remains constant

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