4) vant range. 29) Which of the following statements is TRUE with respect to vari costs per unit? A) They will decrease as production increases within the relevant ra B) They will increase as production decreases within the relevant range C) They will remain the same as production levels change within the relevant range. D) They will decrease as production decreases within the relevant range 30) Which of the following would be considered a discretionary fixed cost? A) Property taxes and insurance B) Depreciation C) Employees wages D) Advertising 31) When making a decision to buy a new computer, the irrelevant costs are the A) differential costs. B) relevant costs. C) qualitative characteristics. D) sunk costs. 32) Farm Supply plans to make 10,000 tractors at its plant. Fixed costs are $1,000,000 and variable costs are $500 per tractor. What is the average cost per tractor? A) $600 B) $500 C) $100 D) $1,500 33) Which of the following statements is TRUE about managerial accounting information? A) It is prepared annually and quarterly 3) It is audited C) It emphasis van D) it must be prepared in conformity with generally accepted account principles (GAAP) 3) Toralve ethical di s ho A) follow their company's established policies for Reporting thical behaviour B) discuss the unethical situation with their immediate superior C) comsultan attomey D) call the Society of Management Accountants "Ethics Hotline