Fixed cost per unit decrease when (a). Production volume increases. (b). Production volume decreases. (c). Variable costs
Question:
Fixed cost per unit decrease when
(a). Production volume increases.
(b). Production volume decreases.
(c). Variable costs per unit decreases.
(d). Prime costs per unit decreases.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (6 reviews)
Explanation Fixed costs are those costs that do not change with changes in production volume The...View the full answer
Answered By
User l_917591
As a Business Management graduate from Moi University, I had the opportunity to work as a tutor for undergraduate students in the same field. This experience allowed me to apply the theoretical knowledge I had gained in a practical setting, while also honing my teaching and communication skills.
As a tutor, I was responsible for conducting tutorial sessions, grading assignments and exams, and providing feedback and support to my students. I also assisted with the preparation of course materials and collaborated with other tutors and professors to ensure consistency in teaching and assessment.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Lee High, the newly hired cost accountant, computes the variable cost and the fixed cost per unit at a volume of 500 units of Great Heath per week. He uses this information to develop some guidelines...
-
Select the correct statement regarding fixed costs A. The fixed cost per unit does not change when volume decreases B. Because they do not change, fixed costs should be ignored in decision making C....
-
Design a combinational logic circuit that displays the hexadecimal value of a Balanced Gray code input according to the specifications given in the assignment Debug and test your design by simulating...
-
State with reasons, whether the following statements are true or false : (i) Overhauling expenses for the engine of motor car to get better fuel efficiency is revenue expenditure. (ii) Depreciation...
-
Analyze the following nonfinancial measures of quality for Holiday Express, Inc., a supplier of mistletoe, for a recent four-week period. Focus specifically on measures of productionperformance....
-
What are the three elements necessary for an effective gift? AppendixLO1
-
Health Care for Dogs The table shows the results of a survey in which 90 dog owners were asked how much they had spent in the last year for their dogs health care, and whether their dogs were...
-
Hammersmith Homes is considering four possible housing development projects, each requiring an initial investment of $5,000,000. The cash inflows from each of the projects follow: a. Compute the net...
-
Splish Group has negotiated the purchase of a new piece of automatic equipment at a price of HK$7,700 plus trade-in, f.o.b.factory. Splish paid HK$7,700 cash and traded in used equipment. The used...
-
Underground Sandwiches, a sandwich shop, has the following marginal physical product curve (labeled MPP) for its hourly production. (?) 20 18 16 O MPP and AP (Sandwiches per hour) AP MPP 0 1 3 5...
-
The contribution approach is the foundation of CVP logic and related techniques. Discuss.
-
In classifying a particular cost as fixed or variable, the volume or activity level is extremely important." Discuss and illustrate this statement.
-
These data are daily percentage changes of several stocks in 2010 and 2011. This question focuses on stock in Apple. (a) Describe the shape and any key features of the histogram of percentage changes...
-
Perpetual Inventory Control Record Description: M & B Supreme Date Purchase Received Issued Sales Units Unit Cost June 1 Balance forward 3 $10.00 4 2 6 8 9 $10.50 9 12 32 3 6 2 4 15 6 10 $11.00 18 20...
-
A rectangular footing of size 4m by 5m is founded at 2m below ground level in a uniform deposit of saturated clay. The footing is designed to support a total vertical load of 8000 kN inclusive of the...
-
P6.2 At the start of Tom Stoppard's "Rosencrantz and Guildenstern are dead" 1, Rosencrantz finds a coin. Guildenstern watches as Rosencrantz repeatedly tosses the coin and every time it comes down...
-
For the data: 9 5 10 7 9 10 11 8 12 769 a) Compute the z-score for the raw score of 10 b) Find the raw score that corresponds to z=+1.22
-
(11%) Problem 7: After a bad thunderstorm, a loose power line comes to rest on a parked van. The van is insulated from the ground by its tires, and accumulates an electric charge of Q = 0.0012...
-
Consider Figure 14-2. The years immediately after 2008 stand out as having the highest values in the figure. The main reason is that the dollar magnitudes of the federal government's deficits were...
-
One Way Cellular accountants have assembled the following data for the year ended September 30, 2014: Prepare the operating activities section using the indirect method for One Way Cellulars...
-
Department and activity-cost rates, service sector Radhikas Radiology Center (RRC) performs x-rays, ultrasounds, CT scans, and MRls. RRC has developed a reputation as a top Radiology Center in the...
-
Choosing cost drivers, activity-based costing, activity-based management. Annie Warbucks runs a dance studio with childcare and adult fitness classes. Annies budget for the upcoming year is as...
-
Activity-based costing, merchandising Pharmacare, Inc., a distributor of special pharmaceutical products, operates at capacity and has three main market segments: a. General supermarket chains b....
-
Assignment Title: The Role of Bookkeeping in Business Management and Financial Reporting Objective: Understand the importance of proper bookkeeping procedures in the management of...
-
17) The adjustment that is made to allocate the cost of a building over its expected life is called:A) depreciation expense.B) residual value.C) accumulated depreciation.D) None of the above answers...
-
9) Prepaid Rent is considered to be a(n):A) liability.B) asset.C) contra-asset.D) expense.10) As Prepaid Rent is used, it becomes a(n):A) liability.B) expense. C) contra-asset.D) contra-revenue.11)...
Study smarter with the SolutionInn App