In the cost equation, y = $500 + $5.40x, $5.40 represents:
A) variable cost per unit.
B) fixed cost per unit.
C) mixed cost per unit.
D) step cost per unit.
A
You might also like to view...
Which of the following best illustrates the concept of sampling risk?
A. An auditor may select audit procedures that are not appropriate to achieve the specific objective. B. An auditor may fail to recognize errors in the documents examined for the chosen sample. C. A randomly chosen sample may not be representative of the population as a whole (regarding the characteristic being tested). D. The documents related to the chosen sample may not be available for inspection.
Ethical issues related to product strategy begin with determining what markets should be targeted.
Answer the following statement true (T) or false (F)
Which of the following is not a critical element in a total quality management system?
a. employee involvement b. activity-based costing c. continuous improvement d. problem prevention emphasis
Which of the following is true of special cause variation?
A) It cannot be explained or understood. B) It occurs sporadically and can be prevented. C) It cannot be detected using statistical methods. D) It accounts for about 80 to 95 percent of the observed variation in a process.