Even if operations are interrupted or cut back,committed fixed costs remain largely unchanged in the short term because the costs of restoring them later are likely to be far greater than any short-run savings that might be realized.
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Q2: Indirect costs,such as manufacturing overhead,are always fixed
Q3: Committed fixed costs are fixed costs that
Q4: Discretionary fixed costs arise from annual decisions
Q5: Property taxes and insurance premiums paid on
Q6: In external financial reports,factory utilities costs may
Q8: When the level of activity increases,total variable
Q9: The concept of the relevant range does
Q10: Advertising costs are considered product costs for
Q11: Direct material costs are generally variable costs.
Q12: A mixed cost is partially variable and
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