The sum of those costs that do not change in total-no matter how much is produced-is called theĀ 

A. total direct cost.
B. total cost.
C. total variable cost.
D. total fixed cost.
E. None of these answers is correct.


Answer: D

Business

You might also like to view...

When a new partner is admitted by making an investment in the partnership, the old partners' capital accounts are always credited

a. True b. False Indicate whether the statement is true or false

Business

The company has little influence on what external stakeholders should think or say about it

Indicate whether the statement is true or false

Business

Financial accounting provides information to all users, while the main focus for managerial accounting is to provide information to the management

Indicate whether the statement is true or false

Business

The scatter graph method

A) is the most accurate method B) has the advantage of objectivity C) may reveal the presence of outliers D) none of the answers are correct

Business