Which of the statements regarding variable cost is true

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Problem 1: How would the wages of factory maintenance personnel usually be classified?

Indirect Labour          Manufacturing Overhead

a)No                            Yes

b)Yes                       No

c)Yes                      Yes

d)No                        No

Problem 2: Which of the following statements regarding variable cost is true?

a) Variable cost increases on a per unit basis as the number of units produced increases

b) Variable cost remains constant on a per-unit basis as the number of units produced increases

c) Variable cost remains the same in total as production increases

d) Variable cost decreases on a per unit basis as the number of units produced increases

Reference no: EM132967668

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