About cost behavior, The true statement about cost behavior

About cost behavior

Assignment Help Financial Accounting

Reference no: EM13753327

The true statement about cost behavior is that:

a. variable costs change on a per-unit basis and change in total as activity changes.

b. fixed costs are constant on a per-unit basis and change in total as activity changes.

c. fixed costs are constant on a per-unit basis and constant in total as activity changes.

d. fixed costs change on a per-unit basis and are constant in total as activity changes.

e. variable costs are constant on a per-unit basis and are constant in total as activity changes.

Reference no: EM13753327

Questions Cloud

Analyze the inventory accounts to determine : West Shoe Company makes loafers. During the most recent yeat, West incurred total manufacturing cost of $19,400,000. Of this amount, $2,100,000 was direct materials used and $12,800,000 was direct labor. Beginning balances for the year were Raw Mater..

About the operating data : Operating data for Navarro Corporation are presented below. 2015 2014 Net sales $750,000 $600,000 Cost of goods sold 465,000 390,000 Selling expenses 105,000 66,000 Administrative expenses 60,000 54,000 Income tax expense 36,000 27,000 Net income 84,..

What are the variable costs per unit : The variable costs per unit are $6 when a company produces 12,000 units of product. What are the variable costs per unit when 14,000 units are produced?

Which statements about operations management : Which of the following statements about operations management in the service sector is most accurate? Operations management in the service sector.

About cost behavior : The true statement about cost behavior is that:

Compute for each year the accounts receivable turnover : The following data are taken from the financial statements of Rainsberger Company. 2015 2014 Accounts receivable (net), end of year $550,000 $520,000 Net sales on account 3,960,000 3,100,000 Terms for all sales are 1/10, n/60. Collapse question part ..

Operational description of anticipated operations : Which of the following managerial functions involves a detailed financial and operational description of anticipated operations?

Best described as choosing among available alternatives : Which of the following functions is best described as choosing among available alternatives?

About managerial accountants : Which of the following statements about managerial accountants is false?

User Account

All Pages