Question: Variable costs are costs that Select one: a . vary in total directly and proportionately with changes in the activity level. b . remain the

Variable costs are costs that
Select one:
a. vary in total directly and proportionately with changes in the activity level.
b. remain the same per unit at every activity level.
c. include direct materials and direct labor for a manufacturer.
d. All of these answer choices are correct.
Variable costs are costs that Select one: a .

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!

Q:

A telephone cable is clamped at A to the pole AB. Knowing that the tension in the left-hand portion of the cable is T1 = 800 lb, determine by trigonometry (a) the required tension T2 in the...

Q:

18-27 18. Variable costs are costs that business activity level changes. in total, but as the a. change; remain constant per unit b. remain constant; change per unit C. remain constant; remain...

Q:

Vary in total directly and proportionately with changes in activity level. 2 ) Remain the same in total regardless of changes in activity level. 3 ) Remain the same per unit at every activity level....

Q:

Vary in total directly and proportionately with changes in activity level. 2 ) Remain the same in total regardless of changes in activity level. 3 ) Remain the same per unit at every activity level....

Q:

Variable costs are costs that vary in total directly and proportionately with changes in the activity level. remain the same per unit at every activity level. vary in total directly and...

Q:

Knowledge Check Identify each statement as describing variable costs or fixed costs. Vary in total directly and proportionately with changes in the activity level Remain the same in total at every...

Q:

Top of Form Question 1 (1 point) A responsibility center that incurscosts (and expenses) and generates revenues is classified as a(n): Question 1 options: revenue center. investment center. cost...

Q:

Top of Form Question 1 (1 point) A responsibility center that incurscosts (and expenses) and generates revenues is classified as a(n): Question 1 options: revenue center. investment center. cost...

Q:

27 Variable costs are costs that: Select one: CD a. vary in total directly and proportionately with changes in the activity level b. remain the same per unit at every activity level c. Neither of the...

Q:

Question 27 Not yet answered Marked out of 1.00 Flag question Variable costs are costs that: Select one: a. Both (a) and (b) above. b. Neither of the above c. remain the same per unit at every...

Q:

Variable costs are costs that: Select one: O a. vary in total directly and proportionately with changes in the activity level O b. Neither of the above O C. remain the same per unit at every activity...

Q:

Are Parents Good teachers ? Want a brief typing

Q:

A force P is applied to slider C as shown. The constant of the spring is 1.6kN/m, and the spring is un-stretched when member BD is horizontal. Neglecting friction between the slider and the guide rod...

Q:

Abel Company provided the following information from its financial records: 7 \ table [ [ Net income,$ 2 4 5 , 0 0 0 , Common shares outstanding 1 / 1 , 3 2 0 , 0 0 0 ] , [ Common stock dividends,$ 1...

Q:

Hugo decides to buy his Christmas gifts on Black Friday. To simplify his life, he is giving his 10 closest friends scarves for Christmas and everyone else Christmas cards. Hugo is willing to pay up...