Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The activity levels over which a cost behavior is studied i5 called Relevant Range Remarkable Range The fixed cost per unit does not change even
The activity levels over which a cost behavior is studied i5 called Relevant Range Remarkable Range The fixed cost per unit does not change even when activity (production) levels change. A True B FalseThe cost per unit does not change regardless of the activity level (volume of production). variable relevant Elementary, Inc makes lefthanded candlestick holders at $4.44 fixed costs per unit. If Elementary doubles its production, what will happen to the fixed costs per unit, if nothing else Changes? Q) the fixed costs per unit will decrease. the fixed costs per unit will double. G) the variable tests per unit will be cut in half. the variable costs per unit will go up. Costs that remain the same in total, even as production increases are called variable costs 6:) sunk costs Bost costs Sales in excess of the Variable costs of production is A The Contribution Margin B Variable Cost per Unit C Fixed Costs D Factory OverheadShim Sham Rugs has calculated Break Even Sales to be 850 rugs. If next period, variable unit costs go up, the Break Even Sales number will fall. Under the Sequential Method, support department costs are never allocated back to a support department whose costs have already been allocated. Sundance uses the Direct Method to allocate support department costs to production departments. The company wants to allocate HR department costs. The most appropriate cost driver for this allocation would be Q) the number of employees in the production department the square footage of the production department G) the machine hours utilized by the plant the amount of direct materials consumed by the production department Consider Mugyump Consolidated. If the unit cost of direct materials decreases, what will happen to the breakeven point? Break-even point will decrease. Break-even point will increase. G) Unit variable costs will increase. The Dallas Cowboys will win the Super Bowl
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started