3 Specik Inc. is consideringRevenuesVariable coststhe following alternatives:Alternative 1$120,00060,00035,000Alternative 2$120,00065,000Fixed costs39,000Which of the following is/are relevant in choosing between the alternatives?O a. variable costsO b. variable costs and fixed costsO c. fixed costsO d. revenues

Variable costs are those which keep on changing with the change in the activity or production level.…

Specik Inc. is considering Revenues Variable costs the following alternatives: Alternative 1 $120,000 60,000 35,000 Fixed costs Which of the following is/are relevant in choosing between the alternatives? O a. variable costs O b. O c. fixed costs O d. revenues Alternative 2 $120,000 65,000 39,000 variable costs and fixed costs

Specik Inc. is considering Revenues Variable costs the following alternatives: Alternative 1 $120,000 60,000 35,000 Fixed costs Which of the following is/are relevant in choosing between the alternatives? O a. variable costs O b. O c. fixed costs O d. revenues Alternative 2 $120,000 65,000 39,000 variable costs and fixed costs

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Costs associated with two alternatives, code-named Q and R, being considered by Albiston Con Supplies costs Power costs Inspection costs Assembly costs a. Supplies costs a. Power costs Alternative Q Alternative R $ 67,000 $ 67,000 $ 31,000 $ 30,100 $ 30,100 $ 35,000 Required: a. Which costs are relevant and which are not relevant in the choice between these two alternat b. What is the differential cost between the two alternatives? a. Inspection costs a. Assembly costs b. Differential cost $ 21,000 $ 35,000 ६
Given the mixed cost function y = $6.50x + $3,000. What does the $6.50 represent? a.Total cost per unit of the cost driver b.The fixed cost per unit c.The slope of the cost function d.Total fixed costs
The table shows cost, C (q), and revenue, R (q). What are the fixed costs? Fixed costs = i 9 R(q) C(q) 0 0 2500 3000 2500 5000 7500 10000 12500 15000 500 1000 1500 2000 6000 6500 7000 7500 9500 11500 14250
At the breakeven point Select one: Oa Sales will be equal to variable costs plus fixed costs O b. Fixed costs will be equal.contribution margin minus varable costs Oc Fixed costs will be eoual to vanable.costs అTిbe ఇం| Mi. 31500రి910, Oe.Sales vill be equal to variable .costs plus target profit
Frisco Corporation is analyzing its fixed and variable costs within its current relevant range. As its cost driver activity changes within the relevant range, which of the following statements is/are correct? I. As the cost driver level increases, total fixed cost remains unchanged. II. As the cost driver level increases, unit fixed cost increases. III. As the cost driver level decreases, unit variable cost decreases. 1. I, II, and III are correct. 2. I and II only are correct. 3. I only is correct. 4. II and III only are correct.
A company is considering the following alternatives: Alternative 1 Alternative 2 Revenues $170000 $170000 Variable costs 62000 72000 Fixed costs 30000 30000 Which of the following are relevant in choosing between the alternatives?
How would the equation for total costs be written using the following? y = total costs v = variable cost per unit of activity x = volume of activity f = total fixed costs Question 3 options: y = xv y = xv + f y = xf y = f
Given the output (quantity), total fíxed cost and total cost (in RO) in the following table:- Ouantity Total Fixed Total Variable Total Cost Marginal Average Average Total Cost Cost тC Cost Variable Cost Cost TFC TVC MC AVC AC 10 10 10 20 10 28 3 10 34 10 38 5 10 42 10 48 10 56 10 72 Calculate Total Variable cost (TVC) , Average variable cost (AVC), Average cost (AC) and marginal cost (MC) (show your work) Draw only the Average variable cost (AVC) and Marginal Cost (MC) curves. 2.
Frisco Corporation is analyzing its fixed and variable costs within its current relevant range. As its cost driver activity changes within the relevant range, which of the following statements is/are correct? As the cost driver level increases, total fixed cost remains unchanged. As the cost driver level increases, unit fixed cost increases. As the cost driver level decreases, unit variable cost decreases. 1, 2, and 3 are correct. 1 and 2 only are correct. 1 only is correct. 2 and 3 only are correct.
In the equation Y = 200 + 0.8X, Y represents Question 54 options: a) Variable cost per unit of activity b) Activity level c) Total cost d) Fixed cost
Q. 8 Which following costs need to be considered for both make or buy options? O. Fixed overhead O. Variable overhead O. Rental revenue Q. 9 What is the per unit cost to purchase from the vendor? Round to the nearest penny. Q. 10 Based on your analysis, the CreativeStationary Co. should make the product in-house or buy them from the vender? O. Make O. Buy Do (Q8,9,10 plz)
Continuation for the problem The net income under variable costing would be: * a. P64,000 b. P60,000 c. P56,000 d. P52,000 The net income under absorption costing would be: * a. The same as the income under variable costing. b. P8,000 greater than the income under variable costing. c. P12,000 greater than the income under variable costing. d. P8,000 less than the income under variable costing.