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All else being equal, if sales revenue doubles, variable costs will: Multiple Choice decrease in total. increase in total. decrease on a per unit basis.
All else being equal, if sales revenue doubles, variable costs will: Multiple Choice decrease in total. increase in total. decrease on a per unit basis. increase on a per unit basis. Georgia uses the high-low method of estimating costs. Georgia had total costs of $50,000 at its lowest level of activity, when 5,000 units were sold. When, at its highest level of activity, sales equaled 10,000 units, total costs were $78,000. Georgia would estimate variable cost per unit as: Multiple Choice $14.00 O $9.10 O $5.60 $10.54 Which of the following is a fixed cost? Multiple Choice A cost that is $28.00 per unit when production is 70,000, and $28.00 per unit when production is 112,000. A cost that is $28.00 per unit when production is 70,000, and $17.50 per unit when production is 112,000. A cost that is $28.00 per unit when production is 70,000, and $56.00 per unit when production is 112,000. A cost that is $56.00 per unit when production is 70,000, and $56.00 per unit when production is 112,000
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