{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-29T01:11:54-04:00", "answer_date": "2024-06-29 01:11:54", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4435789", "url": "\/study-help\/questions\/5last-month-when-10000-units-of-a-product-were-manufactured-4435789", "question_creation_date_js": "2024-06-29T01:11:54-04:00", "question_creation_date": "Jun 29, 2024 01:11 AM", "meta_title": "[Solved] 5.Last month, when 10,000 units of a prod | SolutionInn", "meta_description": "Answer of - 5.Last month, when 10,000 units of a product were manufactured, the cost per unit was $60. At this level of activity, | SolutionInn", "meta_keywords": "5,month,10,000,units,product,manufactured,cost,per,unit,$60,level,activity", "question_title_h1": "5.Last month, when 10,000 units of a product were manufactured, the cost per unit was $60. At this level of activity, variable costs were 50%", "question_title": "5.Last month, when 10,000 units of a product were manufactured, the cost", "question_title_for_js_snippet": "5 Last month, when 10,000 units of a product were manufactured, the cost per unit was $60 At this level of activity, variable costs were 50 of total unit costs If 9,500 units are manufactured next month and cost behavior patterns remain unchanged, how will costs be affected a Total costs per unit will increase b Variable cost per unit will increase c Total cost per unit will decrease d Total variable costs will remain unchanged 6 Within the relevant range, what is the difference between variable costs and fixed costs a Total variable costs and total fixed costs fluctuate b Variable costs per unit fluctuate and fixed costs per unit remain constant c Total variable costs and total fixed costs are constant d Variable costs per unit are constant and fixed costs per unit fluctuate 7 What will result from an decrease in the activity level within the relevant range a An increase in fixed cost per unit b A decrease in fixed cost per unit c A proportionate increase in total fixed costs d An unchanged fixed cost per unit 8 The linear equation Y a bX is often used to express cost formulas Which of the following representations in this equation is correct a The term represents the variable cost in total b The X term represents total costs c The b term represents the variable cost per unit of activity d The Y term represents total fixed costs ", "question_description": "

5.Last month, when 10,000 units of a product were manufactured, the cost per unit was $60. At this level of activity, variable costs were 50% of total unit costs. If 9,500 units are manufactured next month and cost behavior patterns remain unchanged, how will costs be affected?<\/p>

a.Total costs per unit will increase.<\/p>

b.Variable cost per unit will increase.<\/p>

c.Total cost per unit will decrease.<\/p>

d.Total variable costs will remain unchanged.<\/p>

_______<\/p>

<\/p>

<\/p>

6.Within the relevant range, what is the difference between variable costs and fixed costs?<\/p>

a.Total variable costs and total fixed costs fluctuate.<\/p>

b.Variable costs per unit fluctuate and fixed costs per unit remain constant.<\/p>

c.Total variable costs and total fixed costs are constant.<\/p>

d.Variable costs per unit are constant and fixed costs per unit fluctuate.<\/p>

_______<\/p>

7.What will result from an decrease in the activity level within the relevant range?<\/p>

a.An increase in fixed cost per unit.<\/p>

b.A decrease in fixed cost per unit.<\/p>

c.A proportionate increase in total fixed costs.<\/p>

d.An unchanged fixed cost per unit.<\/p>

_______<\/p>

8.The linear equation Y = a + bX is often used to express cost formulas. Which of the following representations in this equation is correct?<\/p>

a.The term represents the variable cost in total.<\/p>

b.The X term represents total costs.<\/p>

c.The b term represents the variable cost per unit of activity.<\/p>

d.The Y term represents total fixed costs.<\/p>", "transcribed_text": "", "related_book": { "title": "Intermediate Accounting", "isbn": "470964731, 978-0470964736, 978-0470161012", "edition": "9th Canadian Edition, Volume 2", "authors": "Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/516.jpg", "uri": "\/textbooks\/intermediate-accounting-9th-canadian-edition-volume-2-516", "see_more_uri": "" }, "free_related_book": { "isbn": "0030896770", "uri": "\/textbooks\/introductory-statistics-for-the-behavioral-sciences-3rd-edition-9780030896774", "name": "Introductory Statistics For The Behavioral Sciences", "edition": "3rd Edition" }, "question_posted": "2024-06-29 01:11:54", "see_more_questions_link": "\/study-help\/questions\/business-finance-2024-September-13", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/you-need-to-know-the-melting-point-for-cac12-for", "description": "You need to know the melting point for CaC1 2 , for a lab report you are writing. Your lab partner says that the Handbook of Chemistry and Physics lists this as 68 o C. Do you think you should trust...", "stars": 3 }, { "url": "\/study-help\/psychology\/will-other-people-benefit-if-i-act-according-to-this-1982732", "description": "Will other people benefit if I act according to this value?", "stars": 3 }, { "url": "\/study-help\/elementary-statistics-picturing\/a-high-school-basketball-team-is-selling-10-raffle-tickets-778810", "description": "A high school basketball team is selling $10 raffle tickets as part of a fund-raising program. The first prize is a trip to the Bahamas valued at $5460, and the second prize is a weekend ski package...", "stars": 3 }, { "url": "\/study-help\/questions\/what-is-the-result-of-running-the-following-code-snippet-9849480", "description": "What is the result of running the following code snippet? String [ ] flowers = { \" rose \" , \"iris\", \"orchid\", \"daisy\" } ; Arrays.sort ( flowers ) ; System.out.println ( flowers [ 0 ] ) ;", "stars": 3 }, { "url": "\/study-help\/questions\/railway-cabooses-just-paid-its-annual-dividend-of-490-per-7001965", "description": "Railway Cabooses just paid its annual dividend of $4.90 per share. The company has been reducing the dividends by 12.9 percent each year. How much are you willing to pay today to purchase stock in...", "stars": 3 }, { "url": "\/study-help\/questions\/describe-the-functions-that-elevated-water-storage-serves-in-a-999654", "description": "Describe the functions that elevated water storage serves in a distribution system", "stars": 3 }, { "url": "\/study-help\/questions\/your-company-in-virginia-is-sending-you-to-their-headquarters-3097808", "description": "Your company, in Virginia, is sending you to their headquarters in Japan to support with training employees on a newly acquired ordering system. Considering Japan's culture and Hofstede's 5...", "stars": 3 }, { "url": "\/study-help\/questions\/the-judges-scores-for-an-olympic-gymnasts-routine-are-shown-3425664", "description": "The judge's scores for an Olympic gymnast's routine are shown below. Find the mean, median, and mode for the data. (If necessary, round your answers to two decimal places.) Judge's...", "stars": 3 }, { "url": "\/study-help\/questions\/paragraph-scenario-1-tina-is-a-manager-for-the-tourism-3312544", "description": "Paragraph Scenario 1 Tina is a manager for the Tourism Department of The Continent Hotel, which is focused on providing tour packages to travellers. Tina is asked by her supervisor to evaluate their...", "stars": 3 }, { "url": "\/study-help\/questions\/as-a-school-leader-advocating-for-all-students-regardless-of-3216872", "description": "As a school leader, advocating for all students regardless of background, income level, or any other factor is most closely aligned with which of the following practices? Group of answer choices...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/a-space-traveller-weighs-herself-on-earth-at-a-location-4435788", "next": "\/study-help\/questions\/bu467-fall-2020-case-assignment-1-north-shore-cabinets-4435790" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "5.Last month, when 10,000 units of a product were manufactured, the cost", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/5last-month-when-10000-units-of-a-product-were-manufactured-4435789" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } } "1" } }