Cost Accounting

7. What is the full absorption cost per unit? a. The same as full cost. b. The same as inventoriable cost. c. The full absorption cost per unit is $55. d. The sum of variable manufacturing cost and variable marketing and administrative cost. 8. Which of the following statements regarding cost behavior within the relevant range is incorrect? a. Total fixed cost remains the same. b. Fixed cost per unit remains constant. c. Variable cost per unit remains constant. d. Semivariable cost is also called mixed cost. 9. Unit fixed cost: a. is treated as variable cost when allocated to each unit. b. can be used for decision making under any circumstances. c. is misleading as the total fixed cost does not change. d. Both a and c. 7. What is the full absorption cost per unit? a. The same as full cost. b. The same as inventoriable cost. c. The full absorption cost per unit is $55. d. The sum of variable manufacturing cost and variable marketing and administrative cost. 8. Which of the following statements regarding cost behavior within the relevant range is incorrect? a. Total fixed cost remains the same. b. Fixed cost per unit remains constant. c. Variable cost per unit remains constant. d. Semivariable cost is also called mixed cost. 9. Unit fixed cost: a. is treated as variable cost when allocated to each unit. b. can be used for decision making under any circumstances. c. is misleading as the total fixed cost does not change. d. Both a and c