Question: The average cost that does not decline as activity level increases is Average fix cost: those costs that do not vary in total when activity

The average cost that does not decline as activity level increases is Average fix cost: those costs that do not vary in total when activity levels or volume of operations Average variable cost: costs that vary in direct proportion to changes in activity levels of volume of operations. Average semifixed costs: those costs that stay fixed for a tim when activity levels or volume of operations change; rises will occur, but not in direct proportion. Average semi-varible cost: those costs that stay fixed for a time when activity levels or volume of operations change, but not in direct proportion. A supervisor's salary in an example of a semivarible cost

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!

True/False Questions 1. A variable cost is a cost that remains constant in total throughout wide ranges of activity. 2. If the activity level increases, then one would expect the variable cost per...

Summarize the evolution of cost processing in Greece from 1985-2015. Your response must be at least 400 words in length. The evolution of costing during the period 1985-2015: Progress or inactivity?...

Evaluating a Company?s Budget Procedures Springfield Corporation operates on a calendar-year basis. It begins the annual budgeting process in late August, when the president establishes targets for...

Question 1 1 pts Managerial accounting: Managerial accounting: has its primary emphasis on the future. is required by regulatory bodies such as the SEC. focuses on the organization as a whole, rather...

Section 2 Multiple Choice (60 marks) Please yellow-highlight the entire line of the correct answer. 1. Expense A is a fixed cost; expense B is a variable cost. During the current year, the activity...

1. (Points: 1) Managerial accounting: 2. (TCO F) The Colorado Company manufactures a product that goes through three processing departments. Information relating to activity in the first department...

At a break-even point of 400 units sold, variable expenses were $4,000 and fixed expenses were $2,000. What will the 401st unit sold contribute to profit? * A. $0. D. $1 B. $5. C. $10. If selling...

I need help with these questions with work showing ACC. 5250: Managerial Accounting Dr. S. Arends, Professor/Dean Mid-Term Exam Directions: Although this is basically a multiple choice exam please...

2 Tue Sep 14 9:35 AM Excel File Edit View Insert Format Tools Data Window Help AutoSave A @ O... Chapter #5 - Problems - ACC 318 - FS21(2) Q OFF Home Insert Draw Page Layout Formulas Data Review View...

Boiler Exchange (BE) is a US-based company that sends more than 50,000 students each year on academic and cultural exchange programs worldwide. Two of the group's main divisions focused on Americans...

8 litre of H and 6 litre of Cl are allowed to react to maximum possible extent. Find out the final volume of reaction mixture. Suppose P and T remains constant throughout the course of reaction- (a)...

The following data represent the total number of 20 defective cordless iron in a particular production day. 2 3 5 7 8 9 10 13 13 15 15 15 18 19 19 20 23 26 28 29 i. Construct a frequency...

34. All of the statements are correct regarding ecological succession except A. there is less competition earlier in the succession process B. it is a random process C. species diversity increases as...

In Medical Sociology, we see that African-American males tend to live somewhat shorter lives than their male counterparts in various races. Based on researchers, what are some factors that may...