Question: A semi variable cost is one that: (a) will jump, given a specific level of activity (b) always changes with the level of activity (c)

A semi variable cost is one that:

(a) will jump, given a specific level of activity 

(b) always changes with the level of activity 

(c) has a fixed and a variable element 

(d) never changes with the level of activity 

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 Talk Finance Questions!

Q:

Question: What as the average weekly safety inventory level of refined sugar from the beginning January 2022 to the end of July 2022? A. 512,465.9691 metric tons per week B. 316,002.1474 metric tons...

Q:

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Q:

CANMNMM January of this year. (a) Each item will be held in a record. Describe all the data structures that must refer to these records to implement the required functionality. Describe all the...

Q:

Y = a + bxwhich option describe this function? a. a- variable cost; b- level of activity , x- fixed cost b. a- level of activity; b- variable cost , x- fixed cost c. a- variable cost; b- fixed cost,...

Q:

Multiple Chelce dot and selling 2 Which one of the following indirect labor considered? Period cost Raw material cost a. d. 3, Managerial accounting information is generally prepared for a....

Q:

please help. will thumbs up 10. Which of the following is an example of a period cost in a company that makes clothing? A. Fabric used to produce men's pants. B. Factory supervisor's salary. C....

Q:

please solve A. Techniques, Inc. uses a predetermined manufacturing overhead rate based on direct labor hours to apply its indirect product costs to jobs. The following information has been collected...

Q:

Select 8 items out of column A and match them with the correct answer from Column C. You should put your answers in Column B. Each correct response is worth of a point. You can get up to 2 points A B...

Q:

6. Mark the statement which is FALSE by placing the letter of the Answer on the line a. Variance where actual expense is greater than budgeted expense is unfavorable b. Total amount of variable cost...

Q:

1) Product costs are: expensed when incurred. inventoried. treated in the same manner as period costs. treated in the same manner as advertising costs. subtracted from cost of goods sold. 2) The...

Q:

Identify the problems with this Expenditure Cycle Inventory Manager: Q1 What is your title and what you do? A1 Inventory managerjob is to make sure we have necessary items to complete our wine...

Q:

Using information presented in this chapter on federal privacy legislation, identify which federal law regulates the following areas and situations: cross-checking IRS and Social Security files to...

Q:

y ^ { 2 } + \ frac { x ^ { 2 } } { 9 } = 1

Q:

Preparing a Statement of Cash Flows Refer to the transactions described in PE 3-1 through PE 3-5 as well as to the eight transactions in PE 3-16. Using all of these transactions, prepare a statement...

Q:

Hummingbird Corporation, a closely held C corporation that is not a PSC, has $40,000 of net active income, $15,000 of portfolio income, and a $45,000 loss from a passive activity. Compute...

Q:

Compute the charitable contribution deduction (ignoring the percentage limitation) for each of the following C corporations. a. Amber Corporation donated inventory of clothing (basis of $24,000, fair...

Q:

Art, an executive with Azure Corporation, plans to start a part-time business selling products on the Internet. He will devote about 15 hours each week to running the business. Arts salary from Azure...

Q:

Consider the Chord circle of Fig. 2. Suppose that node 10 suddenly goes on line. Does this affect node 1's finger table, and if so, how? (20\%) Fig. 2

Q:

Exercise 6-5 (Static) Companywide and Segment Break-Even Analysis [LO6-5] Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format...

Q:

You have a loan outstanding. It requires making eight annual payments of $1000 each at the end of the next eight years. Your bank has offered to allow you to skip making the next seven payments in...