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ACC561 ACC/561 WEEK 4 QUIZ
Category : Business
Posted on 10/11/2014 at 11:23:48 PM
 
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ACC561 ACC/561 WEEK 4 QUIZ (SOLUTION 10/10)
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Posted on 10/11/2014 at 11:23:48 PM
 
Posted By : Bestmind
   
 
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Question 1 A variable cost is a cost that a. varies per unit at every level of activity. b. occurs at various times during the year. c. varies in total in proportion to changes in the level of activity. d. may or may not be incurred, depending on management's discretion. Question 2 An increase in the level of activity will have the following effects on unit costs for variable and fixed costs Unit Variable Cost Unit Fixed Cost a. Increase Decrease b. Remains constant Remains constant c. Decrease Remains constant d

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