Question: please help solve these problems A fixed cost: Multiple Choice O Requires the future outlay of cash and is relevant for future decision making. Does
please help solve these problems




A fixed cost: Multiple Choice O Requires the future outlay of cash and is relevant for future decision making. Does not change with changes in the volume of activity within the relevant range. O Is directly traceable to a cost object. O Changes with changes in the volume of activity within the relevant range. O Is irrelevant for cost-volume-profit and short-term decision making.Last year, Flash Company sold 15,000 units of its only product. If sales decreased by 17% in the current year, how will totalvariable cost and total fixed cost be affected? Total Variable cost Total Fixed Cost A) Remains constant Remains constant B) Increases Decreases C) Decreases Remains constant D) Remains constant Decreases E) Remains constant Increases Multiple Choice O Choice A O Choice B O Choice C O Choice D O Choice EPeriod costs for a manufacturing company would flow directly to: Multiple Choice O The income statement as an expense. O Factory overhead. O The balance sheet as inventory. O Cost of goods sold on the income statement. O The current schedule of cost of goods manufactured.Last year, Wesson Company sold 10,000 units of its only product. If sales increase by 12% in the current year, how will unit variable cost and unit fixed cost be affected? Unit Variable cost Unit Fixed cost A) Remains constant Remains constant B) Increases Decreases C) Decreases Remains constant D ) Remains constant Decreases E) Remains constant Increases Multiple Choice O Choice A O Choice B O Choice C Choice D O Choice E
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
