Question: On a per unit basis, a fixed cost a. Remains constant regardless of activity (or volume) b. Varies inversely with the level of activity c.

On a per unit basis, a fixed cost

a. Remains constant regardless of activity (or volume)

b. Varies inversely with the level of activity

c. Decreases as activity decreases

d. All of the above

e. None of the above

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:

1.______ A management accountant must Recognize and communicate professional limitations or other constraints that would preclude responsible judgment or successful performance of an activity. This...

Q:

1. Which of the following statements is false? Variable costs change, in total, as the level of activity changes. O Variable costs are constant on a per unit basis. Average fixed cost per unit...

Q:

Which of the following statements is false? multiple choice 1 Variable costs change, in total, as the level of activity changes. Variable costs are constant on a per unit basis. Average fixed cost...

Q:

QUESTION 5 An increase in the level of activity will have the following effects on unit costs for variable and fixed costs: a. Unit Variable Cost Unit Fixed Cost Decreases Remains constant b. Unit...

Q:

w Spar neartedu/ultra/courses/ 31690 1/cl/outline Question Completion Status: All costs incurred in a manufacturing firm are considered to be period costs. True O False QUESTION 12 2.5 point Property...

Q:

please help, i got these two wrong and would like to know the right answer t 0 / 1 pts Question 6 On a per unit basis, a fixed cost: is represented by a constant positive slope on the cost line....

Q:

True or False Questions: 4. When analysing mixed costs with the high-low method, begin by identifying the period with the lowest level of activity and the period with the highest level of activity....

Q:

Onc underlying activity changes e a static budget has been determined, it is changed regularly as the 15. them by senior management iew budgeting more positively when goals are established for...

Q:

9. Which of the following describes the behavior of the variable cost per unit? a. varies in increasing proportion with changes in the activity level b. varies in decreasing proportion with changes...

Q:

9. Which of the following describes the behavior of the variable cost per unit? a. varies in increasing proportion with changes in the activity level b. varies in decreasing proportion with changes...

Q:

For Exercise 12.75, and using the levels of the assembly method factor as the horizontal axis and units produced as the vertical axis, plot and connect the cell means for the cells associated with...

Q:

The function P(x) = -1.25x +975a - 3500 gives the profit when a units of a certain product are sold. Find a) the profit when 90 units are sold dollars b) the average profit per unit when 90 units are...

Q:

Speculating in futures is said to be a zero sum game because for every winning trade there must be a losing trade. True False Clear selection

Q:

Most of modern power plant grind their coal to an average particle size of about 100 um prior to combustion process. In general, a typical coal power plant produced 10 wt% of ash. Particles as small...

Q:

(LO 6-1) Match the analytics type (descriptive, diagnostic, predictive, or prescriptive) to each analytics technique. Analytics Technique 1. Classification using Altman's Z to assess probability of...

Q:

(LO 6-3) What type of analysis would help auditors find missing checks? a. Sequence check b. Benfords law analysis c. Fuzzy matching d. Decision support systems

Q:

(LO 6-4) Which testing approach would be useful in assessing the value of inventory shrinkage given multiple environmental factors? a. Probability b. Sentiment analysis c. Regression d. Applied...