Solution-Describes a method of cost estimation

Describes a method of cost estimation

Assignment Help Cost Accounting

Reference no: EM132622922

Problem 1: The fixed costs per unit are $10 when a company makes 10,000 units. What are the per unit fixed costs when 12,500 units are produced?

A. $6.00
B. $12.00
C. $10.00
D. $ 8.00

Problem 2: Total costs are $80,000 when 8,000 units are made. Of this amount, variable costs are $48,000. What are the total costs when 10,000 units are produced?

A. $ 92,000
B. $ 98,000
C. $100,000
D. $108,000

Problem 3: Which per unit cost does the slope of the total cost line represent?

A. Fixed
B. Variable
C. Semivariable
D. Step-variable

Problem 4: The relevant range is that range of activity where:

A. management may not find it important to concern itself.
B. management does not expect the firm to operate.
C. fixed costs remain unchanged.
D. the expected costs exceed the benefits from the activity.

Problem 5: Which of the following describes a method of cost estimation in which a cost line is drawn through a scatter diagram to help the analyst visualise the relationship between cost and activity?

A. Least squares regression
B. High-low
C. Visual fit
D. Multiple regression

Reference no: EM132622922

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Describes a method of cost estimation

Reference no: EM132622922

Reference no: EM132622922

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