Question: Understand one question can be asked but I will guarantee a thumbs up for the extra effort. This content I must study for a quiz

Understand one question can be asked but I will guarantee a thumbs up for the extra effort. This content I must study for a quiz so explanation would be great as well.

A total cost that changes in direct proportion to changes in activity is a

A. Mixed cost

B. Variable Cost

C. Fixed Cost

D. Semivariable cost

A unit cost that varies inversely to changes in activity is a

A. variable cost

B. marginal Cost

C. fixed cost

D. Opportunity cost

3. a cost that contains both a fixed and variable cost component is a

A. Opportunity cost

B. Sunk cost

C. regression Cost

D. Mixed cost

Which of the following is the method that visually fits a line through the sample data to develop a cost equation for a mixed cost?

A. account analysis

B. regression analysis

C. Astrograph approach

D. High-low method

Next two is following this data

Month Cost Hours

January $4400 3500

Feb $8000 7000

March 11000 9500

the variable cost per unit is

A. $0.80

B. $1.07

C. $1.10

D. $2.00

The fixed cost element is:

A. $ 5.50

B. $6.55

C. $7150

D. $5600

If variable costs are 60% of sales and fixed costs are $612,000, the break even point in dollars is:

A. $367,200

B. $1,530,000

C. $244, 800

D. $1,020,000

8. Assume a company fixed costs are $25,200. Its unit sales price is $17,50, and its unit cost is $10.50. The break -even point is units is:

A. 3,600

B. 1,440

C. 3,360

D 2,400

Assume Beale Co. expects to sell 150 units next month. The unit sales price is $80, unit variable cost is $30, and the fixed costs per month are $5,000. The margin of safety is:

A.$12,000

B. $5,000

C. $4,000

D. $2,500

Quad mix co. sells the three products shown below. determine which product should be produced if there are only 1,000 machine hours available next month:

W X Y z

Unit sales price $14 $16 $12 $8

Unit Variable cost 9 8 6 2

Machine hours per unit 2 4 3 2

A. W

B. X

C. Y

D. Z

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