Question : 42.A cost that remains unchanged in total despite variations in : 1258576

42.A cost that remains unchanged in total despite variations in volume of activity within a relevant range is a:   

A. Fixed cost.

B. Curvilinear cost.

C. Variable cost.

D. Step-wise variable cost.

E. Standard cost.

43.A cost that changes in proportion to changes in volume of activity is a(n):   

A. Differential cost.

B. Fixed cost.

C. Incremental cost.

D. Variable cost.

E. Product cost.

44.A cost that changes as volume changes, but at a nonconstant rate, is called a:   

A. Variable cost.

B. Curvilinear cost.

C. Step-wise variable cost.

D. Fixed cost.

E. Differential cost.

45.A cost with a flat cost line within a relevant range that shifts to another level when volume significantly changes is a(n):   

A. Step-wise cost.

B. Fixed cost.

C. Curvilinear cost.

D. Incremental cost.

E. Flat line cost.

46.A cost that includes both fixed and variable cost components is called a:   

A. Mixed cost.

B. Step-variable cost.

C. Composite cost.

D. Curvilinear cost.

E. Differential cost.

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 at a nonconstant rate.

E. On a per unit basis when volume of activity goes down.

48.Which one of the following statements is not true?   

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.

49.An important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is:   

A. Target income analysis.

B. Cost-volume-profit analysis.

C. Least-squares regression analysis.

D. Variance analysis.

E. Process costing.

50.Select cost information for Seacrest Enterprises is as follows: 

1,000 units of output5,000 units of output

TotalCost/UnitTotalCost/Unit

Direct materials$5,000$5.00$25,000$5.00

Utilities expense$1,000$1.00$3,750$0.75

Rent expense$4,000$4.00$4,000$0.80

Based on this information:    

A. Both direct materials and rent expense are variable costs.

B. Utilities expense is a mixed cost and rent expense is a variable cost.

C. Utilities expense is a mixed cost and rent expense is a fixed cost.

D. Direct materials is a fixed cost and utilities expense is a mixed cost.

E. Both direct materials and utilities expense are mixed costs.

51.Select cost information for Klondike Corporation is as follows: 

1,000 units of output2,000 units of output

TotalCost/UnitTotalCost/Unit

Direct materials$4,000$4.00$8,000$4.00

Rent expense$2,000$2.00$2,000$1.00

Based on this information:    

A. Both direct materials and rent expense are variable costs.

B. Direct materials is a fixed cost and rent expense is a variable cost.

C. Both direct materials and rent expense are fixed costs.

D. Direct materials is a variable cost and rent expense is a fixed cost.

E. Both direct materials and utilities expense are mixed costs.