Which of the following statements correctly specifies a addressed cost?A. A expense that in full is constant within a relevant selection of task or volumeB. A cost that in full is constant and never ever changes.C. A expense that is zero when activity or calculation is zeroD. A price that in complete varies directly and also proportionally with task or volume


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Johnson Corp. Generally produces between 10,000 and 20,000 units each year. Producting more than 20,000 units changes the company"s price structure. Because that example, fixed costs increase because an ext space need to be rented, and extr supervisors must be hired. The production variety between 10,000 and also 20,000 is referred to as the company"sA. Differential RangeB. Leverage RangeC. Opportunity RangeD. Pertinent Range
Within the relevant range, variable price per unified will:A. Boost as manufacturing decreasesB. Decrease as manufacturing decreasesC. Remain the same as manufacturing levels changeD. To decrease as production increases
The manager of Waterpays is reviewing the water bills because that the company"s dog daycare and also spa. The highest and lowest bills of $3,800 and $2,400 were incurred in the month of May and November, respectively. If 400 dogs were washed in May and 200 dogs were washed in November, what to be the variable price per dog connected with the company"s water bill?A. $6.00B. $12.00C. $9.50D. $7.00
Fixed expenses per unified will:A. Rise as production decreasesB. Decrease as production decreasesC. Remain the same as production levels changeD. Boost as production increases
A cellphone service provider dues $5.00 every month and also $0.10 per minute every call. If a customer"s current bill is $50.00, how plenty of calling minutes did the customer use?A. 500 minutesB. 550 minutesC. 450 minutesD. 400 minutes
The high-low method id provided to:A. Identify the highest price that can be charged for a productB. Separate mixed prices into their variable and fixed componentsC. Recognize the relevant and also irrelevant costs of a businessD. Identify the sales level at greatest capacity
The highest value of full cost was $75,000 in June for Mantilla Beverages Inc. Its lowest worth of complete cost to be $50,000 in December. The company makes a solitary product. The manufacturing volume in June and also December were 13,000 and also 8,000 units, respectively. What is the variable cost per month?A. $9.38 every unitB. $6.25 every unitC. $5.00 every unitD. $5.77 every unit
Venus Inc. Has fixed costs of $300,000. Full costs, both fixed and also variable, are $450,00 when 30,000 units room produced. Calculation the full costs if the volume increases to 60,000 units.A. $750,000B. $1,200,000C. $600,000D. $450,000
C. $600,000$450,00 - $300,000 = $150,000 (VC)$150,000 / 30,000 devices = $5/unit$5 x 60,000(units) = 300,000300,000 + (FC: 300,000) = $600,000
Which of the following Costs changes in complete in direction proportion come a adjust in volume?A. Addressed costB. Variable costC. Blended costD. Period cost
The relevant range of olions Trailers Inc. Is between 100,00 units and also 180,000 systems per month. If the agency produces past 180,000 devices per month:A. The fixed expenses will stay the same, however the variable cost per unit may changeB. The fixed prices may change, yet the variable price per unit will continue to be the sameC. The addressed costs and the variable cost per unit will certainly not changeD. Both the fixed costs and also the variable expense per unit may change.
Porterhouse agency incurs both fixed and also variable manufacturing costs. Presume the manufacturing is in ~ the pertinent range, if volume goes increase by 20%, climate the total variable prices would:A. Rise by 20%B. Continue to be the sameC. Boost by one amount much less than 20%D. To decrease by 20%
Porterhouse company incurs both fixed and variable manufacturing costs. Assuming the production is in ~ the relevant range, if volume goes increase by 20%, then the complete fixed prices would:A. Boost by 20%B. Stay the sameC. Boost by an amount much less than 20%D. To decrease by 20%
Gross benefit is calculation by deducting ___ from sales revenue.A. Total fixed costsB. Expense of products soldC. Total variable costsD. Selling and also administrative costs
Which the the complying with will appear as a heat item in a contribution margin-based earnings statement?A. Contribution marginB. Total cost of items soldC. Work-in-process inventoryD. Gross profit
Jupiter Inc. Reports the adhering to information because that August:Sales Revenue: $800,000Variable Costs: $200,000Fixed Costs: $100,000Calculate the total contribution margin because that the month of August.A. $450,000B. $600,000C. $700,000D. $650,000
Jupiter Inc. Reports the following information because that August:Sales Revenue: $800,000Variable Costs: $200,000Fixed Costs: $75,000Calculate the net earnings for the month the August.A. $625,000B. $450,000C. $525,000D. $420,000
Contribution margin is calculation by deducting ___ from sales revenue.A. Full product costsB. Total selling and administrative costsC. Full fixed costD. Full variable costs
Carbon Inc. Reports the adhering to information because that April:(ALPHA)Units Sold: 3,000Sale price/unit: $250Variable Manuf. Cost per unit: $175Variable sales commission/unit: 8% of selling priceWhat is the contribution margin per unit for Alpha?A. $35 every unitB. $75 every unitC. $50 per unitD. $55 per unit
Carbon Inc. Reports the following information because that April:(ALPHA)Units Sold: 3,000Sale price/unit: $250Variable Manuf. Price per unit: $175Variable sales commission/unit: 8% of offering priceWhat is the contribution margin because that Alpha?A. $180,000B. $170,000C. $165,000D. $150,000
Carbon Inc. Reports the complying with information because that April:(BETA)Units Sold: 750Sale price/unit: $600Variable Manuf. Cost per unit: $480Variable sales commission/unit: 10% of selling priceWhat is the contribution margin proportion of Beta?A. 20%B. 10%C. 25%D. 15%
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Intermediate Accounting, Binder ready Version16th EditionDonald E. Kieso, Jerry J. Weygandt, terry D. Warfield


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