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Varvara68 [4.7K]
3 years ago
9

Multiple Choice Question Which of the following is the correct statement about variable costs? The variable cost per unit will i

ncrease when volume increases. The variable cost per unit will decrease when volume increases. The variable cost per unit does not change when volume changes.
Business
1 answer:
pantera1 [17]3 years ago
7 0

Answer:

The correct answer is letter "C": The variable cost per unit does not change when volume changes.

Explanation:

Variable costs are those that change according to the level of production. Typical examples of variable costs are labor hand costs and raw material costs. Though, it is important to differ the variable cost per unit from the total variable cost.

<em>When the volume increases, the variable cost per unit remains the same but the total variable cost increases or decreases depending on the change.</em>

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City Bus Corporation provides school bus transportation to private and public schools in Lancaster County. City Bus owns 50 buse
Greeley [361]

Answer:

1. The measures that City Bus Risk Manager should take in the risk management process are as follows

Figure out the risk context: In this case, we need to find out which market City Bus is catering to and what sort of service it can provide. The risk manager will take into account what the business requirements are, what are the technical criteria for delivering this service, such as the legal regulations that City Bus has to follow.

5 0
3 years ago
20 points to the best one !!
masya89 [10]

Answer:

The answer is "Knowledge discovery & predictions category or anomalous detention assessment or Data mining".

Explanation:

Regression is a type of analysis in which some parameters' relationships are determined by the values of other variables, whereas departure detection is a type of analysis wherein the goal is to find changes in data from previously observed values. Enigma detaining analysis, often known as knowledge discovery analysis, is a sort for anomaly incarceration analysis, while regression is classed as a forecast.

5 0
2 years ago
On March 15, Viking Office Supply agrees to accept $1,200 in cash along with a $2,800, 60-day, 15 percent note from one of its c
Rzqust [24]

Answer:

Cash debit 1,200

Note Receivable debit 2,800

Account Receivable credit 4,000

Explanation:

The accounting will reflect the receipt of cash and the note at their principal.

The interest of the note will ge accrued with the past of time. Currently no interest was earned, so we don't have to post anything related to the interest of the note.

We just write-off the account receivable of the customer and declare how we settle.

6 0
3 years ago
How much of a good is offered for a sale at a specific price?
Sindrei [870]
It is indeed quantity supplied and the economists define it as the amount of a good that sellers are willing to sell and are able to sell. One of the movements related to the quantity supplied syas that when there are rising prices then there are new firms into a market and add to the quantity supplied of a good. Quantity supplied can be measured with a Market supply curve or the <span>Elasticity of supply.</span>
8 0
3 years ago
Read 2 more answers
Silmon Corporation makes a product with the following standard costs:
kolbaska11 [484]

Answer:

Material quantity variance =$74, 280  unfavorable        

Explanation:

<em>The material quantity variance occurs when the actual quantity of material used to achieve a given level of output is more or less than the standard quantity expected.</em>

For Silmon Corporation, it can be computed as follows:

Quantity variance is                                                          

                                                                                        Gram

5,300 units should have used ( 5300× 5.1 )                 27,030

but did used                                                                    <u>39,410</u>

Variance in quantity                                                      12,380 Unfavorable

Price per unit                                                              <u> × $6</u>

Material quantity variance                                         <u> $ 74,280</u>. Unfavorable

   

Material quantity variance =$74, 280  unfavorable                                  

5 0
3 years ago
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