Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Which of the following costs is typically not a fixed overhead cost for a factory? A.Salaries of factory supervisors. B.Rent on the factory building.

1. Which of the following costs is typically not a fixed overhead cost for a factory?

A.Salaries of factory supervisors.

B.Rent on the factory building.

Property taxes on the factory building.

C.Indirect materials used in production.

D. None of the answer choices is correct. 2.Which of the following costs does not change in total when the activity level increases or decreases within the relevant range?

A.mixed costs

B.fixed cost

C.variable costs

D.relevant costs

E.None of the answer choices is correct.

3.All of the following are steps of the high-low method except:

A.stating the results in equation form Y = f + vX.

B.calculating the fixed cost per unit.

C.calculating the variable cost per unit.

D.identifying the high and low activity data points.

E.None of the answer choices is correcT

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Organizational Communication A Handbook Of Research Theory And Practice

Authors: Owen Hargie, Dennis Tourish

2nd Edition

0415414466, 978-0415414463

More Books

Students also viewed these Accounting questions

Question

6. Describe why communication is vital to everyone

Answered: 1 week ago