Costs that change with the level of production are referred to as ________.
A: fixed costs
B: variable costs
C: target costs
D: total costs
A: fixed costs
B: variable costs
C: target costs
D: total costs
举一反三
- Variable costs are costs that change with the level of production.
- A firm that shuts down temporarily has to pay A: its variable costs but not its fixed costs. B: its fixed costs but not its variable costs. C: both its variable costs and its fixed costs. D: neither its variable costs nor its fixed costs.
- ( ) are the sum of the fixed and variable costs for any given level of production.
- Which of the following costs are always irrelevant in decision making? A: avoidable costs B: sunk costs C: opportunity costs D: fixed costs
- Perez Company had the following information available: Expected Costs and Selling Price Based on 5,000 Units: Variable manufacturing costs per unit $32 Fixed manufacturing costs per unit $20 Selling price per unit $70 Expected production level 5,000 units In the flexible budget at 15,000 units, what is the total manufacturing cost?