Question: True or false? Costs that remain constant on a per-unit basis, but increase in total as volume increases over a relevant range are referred to

True or false? Costs that remain constant on a per-unit basis, but increase in total as volume increases over a relevant range are referred to as semi-fixed costs.

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!

Prime Corporation acquired 80 percent of Steak Companys voting shares on January 1, 20X4, for $280,000 in cash and marketable securities. At that date, the noncontrolling interest had a fair value of...

multiple choice quesrions just wanted to make sure i was correct and see what others got Multiple Choice (3 points each) 9) Conversion costs include all of the following except: A. wages of...

Anwser all multiple choice Multiple Choice (3 points each) 0 costs include all of the following event A wages of production workers B. depreciation on factory equipment C. factory utilities D. direct...

Water Play, Inc. is ready to launch the sale of the underwater vehicle, Shark Scout, developed by the companys engineers; this is a new product and has no competitors at this point. The accountants...

The true statement about cost behavior is that: fixed costs are constant on a per-unit basis and change in total as activity changes. variable costs are constant on a per-unit basis and are constant...

Boulder Company uses a job order cost system and applies overhead based on estimated rates.The overhead application rate is based on total estimated overhead costs of $300,000 and direct labor hours...

I've answered the question. Can someone check if I got it right, please? The cost that varies and direct proportion two changes in activity level, but remain constant on a per-unit basis = variable...

Which of the following is not an assumption of CVP analysis? Select one: A. Total fixed cost and total variable cost per unit are constant over the entire range of analysis. B. Sales price will...

Respond that the following statements are TRUE or FALSE: 1) Fixed cost per unit is assumed to be constant within a particular relevant range of activity. 2) Total variable costs change in direct...

If anyone get the answers for the attached fiels, I would be really gratefull. 1. Freight costs incurred in shipping products to customers is properly referred to as a product rather than period cost...

A thin film of acetone (n = 1.25) coats a thick glass plate (n = 1.50). White light is incident normal to the film. In the reflections, fully destructive interference occurs at 600 nm and fully...

Calculate these complex numbers and express your results in rectangular form: (a) (b) (c) 10 + (8 50o) (5 - j12) 15245 3-j4 82-20 10

If the debtor defaults, the secured party may do all of the following except accept the collateral, dispose of the collateral file a termination statement within 1 0 days peaceably take possession of...

SIMAD UNIVERSITY Class: BACC25 Subject: Islamic Accounting Instructions: a) Follow The Instructions. Midterm Exam Instructor: All Ibrahim Date: 6-4-2022 b) You Have 1.5 Hrs. To Complete This Test. c)...

3 In view of the need to make the organization meaner, leaner and to give employees more flexible contracts, how can a company like DEC balance the instrumental needs of shareholders interests with...

1 What could be some of the problems if DEC tried to implement autonomous work teams, as they did in Scotland, in countries whose culture is higher in power distance and in uncertainty avoidance?...

2 What aspects of management and organizational learning are transferable from Anglo-Saxon countries to other countries?