Within a relevant range, when the level of activity increases, which of the following occur? Group of answer choices fixed costs per unit remain the same variable costs in total remain the same fixed costs in total increase as well variable costs per unit remain the same
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- Which of the following graphs best illustrates fixed costs per unit as the activity base changes?Describe how total variable costs and unit variable costs behave with changes in the level of activityWithin the relevant range, if there is a change in the level of the cost driver then a. Total fixed costs and total variable costs will change b. Totalfixed costs and total variable costs will remain the same C. Total fixed costs will remain the same and total variable costs will change d. Total fixed costs will change and total variable costs will remain the same.
- Which of the following statements describes variable costs?A. Costs that vary on a per-unit basis as the level of activity changesB. Costs that vary in total in direct proportion to changes in the level of activityC. Costs that remain the same in total dollar amount as the level of activity changesD. Costs that vary on a per-unit basis, but remain the same in total as the level of activity changesA cost which changes in proportion to changes in volume of activity is called a: * a. fixed cost b. controllable cost c. variable cost d. opportunity costWhich one of the following statement best describe the unit variable cost: Select one: O a. Remains constant in the relevant range O b. Increase with the increase of activities O c. Increase with the decrease of activities O d. Decrease with the increase of activities
- When the level of activity increases, total fixed costs a. decrease. b. remain the same. c. increase. d. change, but the direction depends on the specific situation.What is the effect of an increase in activity on the followingitems?a. Total variable costs.b. Variable costs per unit of activity.c. Total fixed costs.d. Fixed costs per unit of activity.A total cost equation can be used to predict future costs for various activity levels. Write the total cost equation. 4. In the total cost equation: a) What is the slope? b) What is the independent variable? c) What is the dependent variable?
- When output volume increases, do fixed costs per unit increase, decrease, or stay the same within the relevant range of activity? Explain.Show how each of these costs will behave as the volume of activity decreases. Variable cost per unit Total variable cost Fixed cost per unit Total fixed cost A. Increase B. Decrease C. Remains the sameA fixed cost total rises or falls in approximate proportion to changes in activity base. Select one: O True O False