Question
Total variable costs change in proportion to changes in volume of activity. (1 point) true or false Variable cost per unit increases proportionately with increases
Total variable costs change in proportion to changes in volume of activity. (1 point) true or false
Variable cost per unit increases proportionately with increases in volume of activity. (1 point) true or false
Fixed cost per unit of output decreases as volume increases. (1 point) true or false
Dividing a mixed cost into its separate fixed and variable cost components cannot be done in cost-volume-profit analysis. (1 point) true or false
A company sells phone cases for $180 per unit, and variable costs are $72 per unit. The companys contribution margin per unit is $108. (2 point) true or false
The absorption costing approach assigns all manufacturing costs to products. (1 point) true or false
Variable costing treats fixed overhead cost as a period cost. (1 point) true or false
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