When cost-volume-profit analysis is used,the need for a cost accounting system is eliminated.
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Q14: As volume increases,total fixed costs remain the
Q15: Economies of scale can be achieved by
Q16: As volume increases,per unit variable costs will
Q17: As volume increases,per unit fixed costs stay
Q18: Costs that increase in total amount in
Q20: With fixed costs,the cost per unit varies
Q21: Margin of safety is the dollar amount
Q22: Variable costs would include:
A)Insurance expense.
B)Amortization expense.
C)Sales commission
Q23: The break-even point in a cost-volume-profit graph
Q24: A semivariable cost:
A)Increases and decreases directly and
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