For the past 8 months, Jinan Corporation has experienced a steady increase in its cost per unit even though total costs have remained stable. This cost per unit increase may be due to ________ costs if the level of activity at Jinan is ________.
A. fixed, increasing
B. variable, increasing
C. fixed, decreasing
D. variable, decreasing
Answer: C
You might also like to view...
Describe guidelines in managing your boss.
What will be an ideal response?
Which of the following is the nonpersonal presentation and promotion of ideas, goods, or services by an identified sponsor using the mass media?
A) direct marketing B) sales promotion C) public relations D) advertising E) direct selling
Which of the following statements regarding merchandise inventory is not true?
A. Merchandise inventory is reported on the balance sheet as a current asset. B. Merchandise inventory may include the costs of freight-in and making them ready for sale. C. Purchasing merchandise inventory is part of the operating cycle for a business. D. Merchandise inventory refers to products a company owns and intends to sell. E. Merchandise inventory appears on the balance sheet of a service company.
In which of the following cases would an oral contract be enforceable without a written memorandum?
a. Ron orders three custom-made suits. b. Michelle calls an employment agency in Paris to arrange for maid service for her three-month Parisian vacation. c. Anna orders a top-of-the-line computer over the phone. d. Catherine calls Lucky Dude Ranch to purchase the championship race horse they have advertised in the paper.