Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. which of the following statements about variable c

Which of the following statements about variable cost is true? a. A variable cost...

60.1K

Verified Solution

Question

Accounting

Which of the following statements about variable cost is true?
a. A variable cost per unit changes in direct proportion to changes in output within the relevant range.
b. A variable cost in total changes in direct proportion to changes in output within the relevant range.
c. A variable cost is a cost that is not linked to a company's output.
d. A variable cost in total remains constant regardless of the level of output.
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Describe the cardiac cycle in more detail. Include valve actions and the forces that cause those...

Medical Sciences
Q

A double acting cylinder is to travel out when an electrical pushbutton is actuated and remains...

Electrical Engineering
Q

What color is Safranin O Red Blue O No answer text provided O Purple

Biology
Q

Match the particle or molecule to its purpose PADE 3 4 Electron e Proton H...

Biology
Q

The surface area of a cone is 55 cm The radius is 5 cm What...

Geometry
Q

Evaluate the expression without using a calculator.log 31log 31 =(Type an integer or a simplified...

Basic Math
Q

Determine r x if r x ln 3 X COS X 7x 6

Calculus
Q

Evaluate the principal square root 0 09 0 09 Tyne an integer or a decimal

Algebra
Q

You work for a company that sells cosmetic products. Your manager asks you to conduct...

Accounting
Q

Define the total variable overhead cost variance and explain the two components that makeup this...

Accounting
Q

Purpose Creating a career profile will allow you to gain the career clarity you need...

Accounting
Q

Imagine that there are only two pervasive macroeconomic factors. Investment X and Y have the...

Finance