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A Cost That Can Be Separated into Fixed and Variable

Question 46
Multiple Choice

A cost that can be separated into fixed and variable components is called a: A) Mixed cost. B) Step-variable cost. C) Composite cost. D) Curvilinear cost. E) Differential cost.

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Q 47
Curvilinear costs always increase: A) With decreases in volume. B) In constant proportion to changes in production levels. C) When management performs break-even analysis. D) When volume increases, but not at a constant rate. E) On a per unit basis when volume of activity goes down.
Q 48
Which one of the following statements is not ? A) Total fixed costs remain the same regardless of volume within the relevant range. B) Total variable costs change with volume. C) Total variable costs decrease as the volume increases. D) Fixed costs per unit increase as the volume decreases. E) Variable costs per unit remain the same regardless of the volume.
Q 49
An important tool in predicting the volume of activity, the costs to be incurred, the sales to be earned, and the profit to be received is: A) Target income analysis. B) Cost-volume-profit analysis. C) Least-squares regression of costs. D) Variance analysis. E) Process costing.
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