Question
Total costs for a company are usually composed of which of the following? A. Fixed and Variable Costs B. Fixed and Mixed Costs C. Mixed
Total costs for a company are usually composed of which of the following?
A. Fixed and Variable Costs
B. Fixed and Mixed Costs
C. Mixed and Variable Costs
D. None of the above
part 2-
Which of the following is an example of a fixed cost?
Select one:
A. Depreciation of manufacturing equipment
B. Utility expense for electricity usage
C. Hourly Wages
D. Indirect Supplies purchases
E. None of the above
part 3-
Which of the following is/are assumptions of CVP analysis?
Select one:
A. Costs behave differently given different levels of production.
B. Sales price will remain the same regardless of the level of sales.
C. The sales mix ratio (for multiple products) can change.
D. All costs are variable in the relevant range.
E. All of the above
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