The high-low method is the only method to be used when determining semivariable costs.
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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
Q26: Sales of products with high contribution margins
Q27: A company with monthly fixed costs of
Q28: In cost-volume-profit analysis,income tax expense:
A)Is included among
Q29: How will a company's contribution margin be
Q30: A 45% contribution margin ratio means that:
A)The
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