Characteristic of variable cost

Assignment Help Accounting Basics
Reference no: EM13122426

A Characteristic of variable cost is:

a. Cost per unit changes when the number of units changes.

b. Cost per unit stays the same when the number of units changes

c. Total variable cost equals fixed costs when the number of units changes

d. Total variable costs stays the same when the number of units changes

e. a and d above

Reference no: EM13122426

Questions Cloud

English essay on friendship in the internet age : english essay Friendship in the Internet Age.write a 5-6 page research paper discussing and debating the topic. The paper must use at least 5 sources .
What is a break even point : What is a break even point? a) The level of operations at which a business revenues exceeds the budget. b) The level of operations at which the business will be able to break into a new market
Continuous r.v., exponenetial, r.v, mean and variance : Random Variables : Continuous R.V., Exponenetial, R.V, Mean and Variance, 3) Let X be a continuous random variable with probability density function
How many grams of liquid sodium (minimum) are needed : Liquid sodium is being considered as an engine coolant. How many grams of liquid sodium (minimum) are needed to absorb 6.10 MJ of energy (in the form of heat)
Characteristic of variable cost : A Characteristic of variable cost is: a. Cost per unit changes when the number of units changes. b. Cost per unit stays the same when the number of units changes c. Total variable cost equals fixed costs when the number of units changes d. Total vari..
Least discriminatory : Mark the least discriminatory of these five references to an occupational group. 1. Postman 2. Lady doctor 3.Salesman 4.Letter carrier 5.policeman
What is the partial pressure of o2 : A mixture of CO, CO2 and O2 is contained within a 275 mL ?ask at 0 ? C. If the total pressure is 780 torr, the CO has a partial pressure of 330 torr and the CO2 has a partial pressure of 330 torr, what is the partial pressure of O2
What would be a reasonable density function for l : What would be a reasonable density function for L?, b) What is the average distance that the worker needs to walk to the retrieval location (including units)?
Preparing the journal entry to record pension expense : Prepare the journal entry to record pension expense and the employer's contribution to the pension plan in 2010.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Net income for a merchandising company

Determine whether or not the measurement of net income for a merchandising company conceptually is the same for a service company.

  Difference between actual and planned results

Policies regarding when a difference between actual and planned results should be investigated are generally more restrictive for non controllable items than for controllable items.

  Gross margin analysis and point-of-sale scanners

Jon Johnson an accountant with local CPA firm, has just completed an inventory count for Mom & Pop's Groceries. Mom and Pop provide audited financial statements to their bank annually, and part of that audit requires an inventory count.

  Calculate amount of cash and marketable securities

Using Excel show all formulas for following: Firm has current assets of 100 million and current liabilities of 50 million and goes belly-up.

  Eps effect of convertible preferred stock

Thrifty Co. reported net income of $465,000 for its fiscal year ended January 31, 2011. At the beginning of that fiscal year, 200,000 shares of common stock were outstanding.

  Production for the period for conversion costs

A process with no beginning work in process, completed and transferred out 14,000 units during a period and had 7,000 units in the ending work in process that were 50% complete. How much is equivalent units of production for the period for convers..

  Accounting-monthly interest rates

What is the monthly interest rate if the lease payments are $24,000 per month for twenty-four months? What is the monthly interest rate if the lease payments are $24,000 per month for thirty-six months? What is the monthly interest rate if the lease ..

  Capital improvement phase of the project

The governing body of the Order decided that it was no longer feasible to operate the convent, which had been built about sixty years ago, so it was advertised locally for sale.

  Calculate the payback period for the proposed investment

Rieger International is attempting to evaluate the feasibility of investing $ 95,000 in a piece of equipment that has a 5- year life. The firm has estimated the cash inflows associated with the proposal as shown in the table at the right. The firm..

  Absorption costing of bush company

During the last year, Bush Company had net income under absorption costing which was $5,500 lower than its income under the variable costing.

  Active versus passive investors

You are preparing taxes for Tim, a business investor, and must calculate his adjusted gross income. Tim invested $10,000 in a business (only slightly less than the other investors) but is claiming a loss of $24,000.

  Ways for valuing stocks

What are ways for valuing stocks? Do you believe these valuation techniques could actually lead the average investor to make a profit buying and selling stock? Why or Why not?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd