What effect does an increase in volume have on? (a) Unit fixed costs? (b) Unit variable costs?
Question:
What effect does an increase in volume have on?
(a) Unit fixed costs?
(b) Unit variable costs?
(c) Total fixed costs?
(d) Total variable costs?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (18 reviews)
a Unit fixed costs decrease as volume increas...View the full answer
Answered By
Raj Kumar
I am a professional Educator with diverse experience and strong track record fostering child-centered curriculum and student creativity
Warm and caring teacher. I want all children to be successful learners and works to create a classroom atmosphere that is stimulating, encouraging, and adaptive to the varied needs of students
0.00
0 Reviews
10+ Question Solved
Related Book For
Managerial Accounting
ISBN: 978-0697789938
13th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
Question Posted:
Students also viewed these Managerial Accounting questions
-
What effect does an increase in pressure have on each of the following systems at equilibrium? The temperature is kept constant and, in each case, the reactants are in a cylinder fitted with a...
-
What effect does an increase in the demand for business goods and services have on the real interest rate? What other factors can affect the real interest rate?
-
What effect does a change in volume have on total variable, fixed, and semi-variable costs?
-
Please answer the following e-commerce problem in at least 350 words (I encourage you to write more to fully respond to the prompt). This assignment will be graded. Electronic Commerce Problem: Erin...
-
A researcher reports that intake of junk food among college participants 1 week before, during, and after finals week significantly varied, F(2, 38) = 6.21, p < .05. Based on the results, state the...
-
Evaluate using the appropriate method or combination of methods. x(In x) dx
-
Imagine that you are asked to advise the government on ways of increasing investment in the economy. What advice would you give and why?
-
Cunningham Products is evaluating five possible locations to build a distribution center. Data estimated from the accounting department are provided below. The annual production is estimated to be...
-
3x-3 10 Find lim x-1 x-1 11 If P = 20t + 45t find dP dt 12 Differentiate 1.5x - with respect to x. x 13 Use the product rule to find the derivative of xx + 1. x+3 14 Use the quotient rule to...
-
Roadrunner Bookstore uses the perpetual inventory system, Roadrunner Bookstore is owned by Tina Smith. The company had the following transactions for the month of April. Apr 1 Apr 2 Apr 3 Apr 5 Apr 7...
-
Distinguish between (a) A variable cost, (b) A fixed cost, and (c) A mixed cost.
-
Define the following terms; (a) Cost behavior and (b) Relevant range
-
Franklin Department Stores' chief executive officer (CEO) has asked you to compare the company's profit performance and financial position with the average for the industry. The CEO has given you the...
-
Explain and compare how income is determined in the Classical model as opposed to Keynes. Discuss how each of the two theories can explain the existence of unemployment.
-
1. What are the consequences of failing to think critically? 2. How does the rule of law benefit business and society? 3. The constitution is 230 years old. Do we still need it?
-
Suppose a monopoly producer is also a monopsonist in the labor market. Demand for the output is p = 100 - Q. The production function is Q = L, and the labor supply curve is w = 10 + L. How much labor...
-
Consider the following model for the production of refined oil: MSC = 10+0.5Q, MEC = 0.3Q, MSB = 30-0.3Q, MEB = 0 a. Based on the model, what are the price and quantity at the efficient equilibrium?...
-
Two firms, Acme and Roadco, produce anvils, and compete with each other as Cornet oligopolists (i.e. they compete in quantities). The (inverse) demand for anvils is given by P(Q)=500-3Q. Both firms...
-
The FOMC is presented with data and analysis that indicates the output gap has changed from being close to 0 to now being large and negative. Additionally, inflation is 1.2% instead of the target of...
-
XYZ Inc. a calendar year, accrual basis corporation, had the following items during 2021: Gross revenue from operations Cost of goods sold $420,000 ($180,000) $9,000 LT capital gain .LT capital...
-
Do YOU believe a degree in psychology is good training for managers? How relevant do you think your present course of study is for a future career?
-
Why do overhead costs often shift from high volume products when a company switches from a conventional costing method to activity based costing?
-
What are the three major ways in which activity based costing improves the accuracy of product costs?
-
What are the major limitations of activity based costing?
-
If you apply the substitution to evaluate the integral (2x + 1) 10 dx by choosing u = (2x+1), then the original integral will be converted to
-
ent men function (CDF): A continuous random variable, X, can be defined using the following cumulative distribution ssess sessi Answer the frames (a) (b) (c) (d) SSx(x)=kx(x+1), sment ment ent What...
-
1.0 0.5 7. Eample results from an experiment for 3 subjects. Subject Hit rate 1 .60 234 2 .90 3 .85 4 .25 False alarm rate .4 .80 .05 .1 a. Construct ROC curve for each subject (make sure you label...
Study smarter with the SolutionInn App