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Question 43 Which one of the following statements is not true? Total fixed costs remain the same regardless of volume within the relevant range. Total
Question 43 Which one of the following statements is not true? Total fixed costs remain the same regardless of volume within the relevant range. Total variable costs change with volume. Total variable costs decrease as the volume increases Fixed costs per unit increase as the volume decreases Variable costs per unit remain the same regardless of the volume. O . Question 44 Select cost information for Winfrey Enterprises is as follows: 5,000 units of output 1.000 units of output Total Cost Unit Total Cost/Unit $25,000 $5.00 3,750 $0.75 $ 4,000 $0.80 Direct materials $5,000 S5 Utilities expense $1,000 S1.00 Rent expense S4,000 S4.00 Based on this information: OBoth direct materials and rent expense are variable costs. Utilities expense is a mixed cost and rent expense is a variable cost. OUtilities expense is a mixed cost and rent expense is a fixed cost. Direct materials is a fixed cost and utilities expense is a mixed cost. Both direct materials and utilities expense are mixed costs Question 45 1 pts A company's normal operating range, which excludes extremely high and low volumes that are not likely to occur, is called the: Margin of safety Contribution range Break-even point Relevant range High-low point. Question 47 If a firm's forecasted sales are $250,000 and its break-even sales are $190,000, the margin of safety in dollars is: $60,000. $250,000. $190,000 $440,000. $24,000
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