Statements referring to the fixed costs

Reference no: EM13151714

Which of the following statements is true when referring to fixed costs?

a) Committed fixed costs arise from the annual decisions by management.

b) As volume increases, unit fixed cost and total fixed cost will change.

c) Fixed costs increase in total throughout the relevant range.

d) Discretionary fixed costs can often be significantly reduced for short periods of time without seriously impairing the long-run goals of the company.

Reference no: EM13151714

Questions Cloud

Reports for external-reporting purposes : In the United States, about one in every four companies uses variable costing for internal reporting purposes. These companies must make adjustments to these reports for external-reporting purposes. Explain.

Determine demand is elastic inelastic or unit elastic : Determine whether demand is elastic, inelastic, or unit elastic with respect to its own price and whether Good Y is a substitute or a complement with respect to Good X.

Explain molarity molality molality of solute particles : Calculate: Solution Density Mass fraction and % (sodium acetate) Mole fraction (sodium acetate) Molarity molality molality of solute particles

Define homeostasis : Define homeostasis. Why feedback is important? Can you design a system without any feedback? What would be the advantages/disadvantages of such system?

Statements referring to the fixed costs : Which of the following statements is true when referring to fixed costs? a) Committed fixed costs arise from the annual decisions by management. b) As volume increases, unit fixed cost and total fixed cost will change.

Determine the proportion of homes that have a pool : Determine the proportion of homes that have a pool. At the .05 significance level, can we conclude that less than 40 percent of the homes sold in the Denver area had a pool? What is the p-value?

List characteristics of life in the order : List characteristics of life in the order you think is the most appropriate-from the most important to the least important. Explain why?

Compute the kg mixture from the mixer : calculate the kg mix- ture from the mixer, kg water evaporated, and kg jam produced.

What would be the long run price and quantity : What would be the long run price and quantity for this firm in a competitive market and in the long run how many firms are in the industry?

User Account

All Pages