Question 1 (1 point) If a firm increases its activity level, O costs should remain the same. O most costs will rise. no costs will remain the same. Osome costs will change, others will remain the same. Question 2 (1 point) -inni 10,000 Units $100,000 40,000 90,000 50,000 30,000 Units $300,000 240,000 90,000 150,000 Which of the following costs are variable? 1 and 2 0 1 and 4 Oonly 1 Oonly 2 Question 3 (1 point) Units Produced 1,600 1,300 1,500 1,100 Total Cost $44,000 38,000 45,000 33,000 Frazier Manufacturing Company collected the following production data for the past month: If the high-low method is used, what is the monthly total cost equation? Total cost = $8,800 + $22/unit Total cost = $11,000 + $20/unit Total cost = $0 + $30/unit Total cost = $6,600 + $24/unit Question 4 (1 point) A mixed cost contains O a variable element and a fixed element. both selling and administrative costs. O both retailing and manufacturing costs. O both operating and nonoperating costs