which of the following is a fixed cost quizlet

What is John's annual opportunity cost of the financial capital that has been invested in the business? \text{Work in process, Dec. 31, 2017} \ldots\ldots\ldots & \text{142,750}\\ .Advertisements. flow. $490,000. The cost of each machine is $20 per day regardless of the number of corks produced. However, utilities are generally considered fixed costs, since the company must pay a minimum amount regardless of its output. More : Which of the following is most likely a fixed cost? She had the option of renting the space out for $\$ 2,000$a year if she didn't utilise it as her office for business. How are marginal costs and average fixed costs related quizlet? Total mixed cost = (Variable cost per unit x Number of units) + Total fixed cost. XYZ corporation produced 300 units of output but sold only 275 of the units it produced. Which of the following choices correctly classifies a committed fixed cost and a discretionary fixed cost? Fixed costs in accounting are costs that remain the same, and are not impacted by production levels. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. 1 Which one of the following is a fixed expense? These costs do not change with a property's occupancy rate. As Al's Radiator Company adds workers while keeping the same amount of machinery, some workers may be underutilized because they have little work to do while waiting in line to use the machinery. D) They are fixed per unit and vary in total., Which of the following is a fixed cost? Lawyers, accountants, and other professionals typically price by adding a standard markup for profit. Building depreciation Charitable contributions C. Management training Property taxes D. Equipment rentals Equipment depreciation E. Research and development Advertising CONTINUE READING BELOW What are 4 examples of fixed costs? $11.72$\div$ 510, Prepare the 2017 schedule of cost of goods manufactured for Barton Company using the following information. Azure Air, an airline company, offers attractive prices to customers with tighter budgets. If you continue to use this site we will assume that you are happy with it. Who are the experts? Refer to Figure 13-2. Companies can legitimately charge a higher price if ________. B) Value-based pricing is mostly product driven. Companies that adopt value-added pricing ________. A) The targeted value and price drive decisions about what costs can be incurred and the resulting product design. Which of the following costs of publishing a book is a fixed cost? Parker Electronics sells cell phones. Variable costs may include labor, commissions, and raw materials. Which of the following is a fixed cost? Assuming that the unit sales are unchanged, the total contribution margin will decrease if: A. fixed expenses increase. Which is an example of a fixed expense quizlet? Fixed costs are unaffected by activity changes, unlike variable costs. 5 What is the difference between a variable expense and a fixed expense quizlet? Fixed Cost: A fixed cost is a cost that does not change with an increase or decrease in the amount of goods or services produced or sold. This is a periodic premium paid under the agreement of policy. It's a cost that remains constant, in total, regardless of changes in the level of activity within the relevant range. Which of the following pricing strategies is the pharmaceutical company most likely using in this instance? When marginal cost exceeds average total cost, Total cost can be divided into two types of costs. Which of the following best describes Azure Air's pricing method? (Select 3 answers.) Expert Answer. In producing the 7,000 staplers, the firm's average variable cost was. Utilities- the cost of electricity, gas, phones, trash and sewer services, etc. Expense that stays the SAME from month to month. If Gallo's produces at a rate of 78 corks per hour, what is the total machine cost per day? D. variable expense per unit decreases. 2. PoolPak specializes in and differentiates itself through both cutting-edge technologies used to build its high-value climate control systems as well as seamless quality service. The Latest Innovations That Are Driving The Vehicle Industry Forward. Total fixed costs and total variable costs will remain the same C. However, the fixed cost per unit decreases as production increases, because the same fixed costs are spread over more units . The average cost of production for each unit of output produced was $100. Wages for unskilled labor. $26,125. Which is an example of a fixed cost business? This exemplifies ________. As production workers become better organized and more familiar with equipment, the average cost per unit tends to decrease with the ________. D. the fixed costs will remain the same, but the variable cost per unit may change. g(x, y)=\frac{y}{x}+\frac{x}{y} ; g(1,2), g(2,-3) We review their content and use your feedback to keep the quality high. A production function is a relationship between, The magical product of labor can be defined as. This exemplifies ________. Under ________, the market consists of many buyers and sellers who trade over a range of prices rather than a single market price. Fixed costs of production are constant, occur regularly, and do not change in the short-term with changes in production. Is raw materials a fixed cost? In an effort to differentiate its offerings from its competitors, Pegasus Computers decided to add an extra USB port in all its laptops besides providing a free pair of Delphi power bass headphones with every Pegasus laptop. \begin{matrix} Committed Discretionary A. These include things like mortgage or rent payments, car payments, insurance premiums, utility bills, and the average amount you spend on groceries. Cost that does not change no matther how much of goods is produced, A cost that does not change of goods is produced, cost that rises or falls depending on the quantity produced, cost of producing one more unit of a good, fixed variable producing one more unit of a good, Additional income from selling one more unit for a good sometimes equal to price. Here are several examples of fixed costs: Amortization. Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman, Fundamentals of Financial Management, Concise Edition. This exemplifies ________. Some of the business is like website design, tax preparation, etc. The company also claims that the new drug will help bring down the need for invasive surgeries, an additional benefit for patients. He. On the other hand, companies where physical assets are required at large will have high fixed assets such as airlines, auto manufacturers, etc. She upgrades her computer hardware at a cost of $\$ 5,000$per year in order to stay current with new technology. If Gallo's produces at a rate of 35 corks per hour, what is the total labor cost per hour? Refer to Table 13-3. $$. Effective ________ pricing involves understanding how much value consumers place on the benefits they receive from the product and setting a price that captures that value. Sensing market demand for the electric toothbrush, Elmo started with an ideal selling price of $3 based on customer value considerations and then targeted costs to ensure that the price was met. A discretionary fixed cost is an expenditure for a period-specific cost or a fixed asset, which can be eliminated or reduced without having an immediate impact on the reported profitability of a business. In industrial markets, ________ typically has the final say in setting the pricing objectives and policies of a company. \end{matrix} Examples of fixed expenses Rent or mortgage payments. In Via del Mar, Chile, a large number of shops specialize in selling the same quality of seafood products along the beach frequented by tourists. Insurance payment of the equipment in the store. (A good example of this is your electric bill. Which of the following is an implicit cost? The break-even volume is the point at which ________. These prices are neither limited-time offers nor special discounts, but represent the daily prices of products sold by Bon Vivant. Compute Naple's net income under absorption costing. Multiple Choice. Fixed Cost A cost that does not change of goods is produced Variable Cost cost that rises or falls depending on the quantity produced Total Cost cost of producing one more unit of a good Marginal fixed variable producing one more unit of a good Marginal Revenue Additional income from selling one more unit for a good sometimes equal to price Fuel cost. Total mixed cost . Overhead costs ________ as the number of units produced increases. Fixed costs have to be paid at any cost. She proposes 3/15, n/20 and believes that 75% of the customers will c. mixed costs What does fixed costs refer to in the formula: total cost = fixed cost + variable cost per activity x # activity? Which of these assumptions is often realistic for a firm in the short run? Those costs are called, Refer to Scenario 13-5. They are one of three types of costs incurred by most businesses. Can such an agreement be binding *(a)* on the partners and *(b)* on outsiders? Sales commissions expense B. Which of the following is an external factor that affects pricing decisions in a company? Internet expenses, etc. 6. Which of the following could explain why the total product curve shifted in this diagram? a. gains and losses on revaluation of property, plant, and equipment. Property insurance is a common example of a fixed operating cost. Parkers controller suggests that a generous sales discount policy would increase annual sales to 2,000 units This is an example of a(n) ________. What is the conjugate percent of $48\%$? A no-frills airline, it charges for all other additional services, such as baggage handling and in-flight refreshments. C) They decrease per unit as production volume increases. When companies set prices, the government and social concerns are ________ factors affecting pricing decisions. Gallo's cork factory experiences diminishing marginal product of labor with the addition of which worker? What is an amortization expense on an insurance policy? Bruno Servers has decided to decrease its prices on its popular higher-range servers. Descriptions: Which of the following is most likely a fixed cost? Refer to Figure 13-2. This is the gradual charging to expense of the cost of a tangible asset (such as production equipment) over the useful life of the asset. (A good example of this is your electric bill. Can partners limit the right of a partner to commit their partnership to contracts? As the number of workers increases. Why is markup pricing most likely impractical? Total profit for the XYZ corporation would be. per unit. For instance, Tom owns a small manufacturing company that makes parts for small jets. A complement of a percent is the difference of $100\%$ and the given percent. With accumulated production experience and a higher volume of production, companies not only become more efficient but also ________. To obtain the break-even point in terms of dollar sales, total fixed expenses are. What sets the ceiling for product prices? take advantage of the discount. Explain why the sales discount policy might improve cash The larger the output, the greater the quantity of output over which fixed cost is spread, leading to lower average fixed cost . What would the average fixed cost be if ten units were produced? Target return pricing is a variation of which of the following cost-oriented pricing approaches? The perceived value of different product offers can be reasonably assessed by ________. -$3,875. Refer to Table 13-3. A. 1 / 44 XYZ corporation produced 300 units of output but sold only 275 of the units it produced. Refer to Figure 13-3. What can fixed costs sometimes be referred to? Which of the following is the right formula for calculating total mixed cost? In the long run for Firm A, total cost is $105 when output is 3 units and $120 when output is 4 units. PoolPak produces climate-control systems for large swimming pools. Although the additional features increased the price of the laptops by $500, Pegasus was confident that the strategy would help boost demand for its laptops substantially. To an economist, it is conceivable that the objective that motivates an individual entrepreneur to start a business arises from. Depreciation. \text{Work in process, Dec. 31, 2016} \ldots\ldots\ldots & \text{157,600}\\ Fixed costs are less controllable than variable costs because they aren't based on volume or operations. A. Variable expenses are inconsistent costs that vary depending on the choices you make. d. $30,000. To purchase the mowers and the trailer to transport the mowers, John withdrew $1,000 from his savings account, which was earning 3% interest, and borrowed an additional $2,000 from the bank at an interest rate of 7%. Promotion Management salaries B. Fixed costs are expenses that have to be paid by a company . For example, the cost of insuring the factory building is a fixed cost irrespective of the number of units produced within the factory. Depreciation cannot be considered a variable cost, since it does not vary with activity volume.However, there is an exception. The term reserves is used under IFRS with reference to all of the following except: As a manufacturer increases the price, ________. Fixed cost arising from annual decisions by management to spend in certain areas, such as advertising and research Direct materials cost C. Direct labor cost D. Straightminusline depreciation expense This problem has been solved! Amortization expense of $10,000 will be incurred as a fixed cost in books. When McDonald's and other fast food restaurants offer "value menu" items at surprisingly low prices, they are most likely using ________ pricing. See Answer Which of the following is a fixed cost? Your electric bill will be higher in the winter if you live in a colder climate and lower in the summer months. c. $28,500. Fixed expenses are different from variable expenses because fixed expenses are consistent cost that need to be paid at specific times. Within the relevant range, if there is a change in the level of the cost driver then A. ________ refers to the amount of money charged for a product or service. 1. A fixed variable expense is a cost that you pay every month, but the amount can change from month to month. A computer for recording customer and order information A monthly fee for a flea market booth A radio ad What are variable costs? b. 13) Which of the following processes does value-based pricing reverse? A fixed cost, on the other hand, is a cost that a company must pay regardless of whether it produces one or a million goods. Food, for example, can be a variable personal expense, with people spending more or less each month. At present, Parker offers no sales discounts. If a firm experiences constant returns to scale at all output levels, then its long-run average total cost curve would. Examples of fixed cost are rent, tax, salary, depreciation, fees, duties, insurance, etc. ________ pricing involves charging higher prices on an everyday basis but running frequent promotions to lower prices temporarily on selected items. Which of the following shows the number of units the market will buy in a given time period, at different prices that might be charged? B) They are fixed in total. $$. In order to achieve this result, he will most likely use which of the following pricing approaches? A pharmaceutical company in Utah recently released a new and expensive anti-ulcer drug in the market. In industries in which pricing is a key factor, ________ often set the best prices or help others in setting them. I've been asked to discuss the strengths and weaknesses of the correlational and experimental research designs. Total profit for the XYZ corporation would be a. What is the difference between a variable expense and a fixed expense quizlet? Round answer to the nearest tenth of a cent. Definition: A fixed cost is an expense that does not change as production volume increases or decreases within a relevant range. ________ refers to a measure of the sensitivity of demand to changes in price. Straight-line depreciation, insurance, property taxes, rent, supervisory salaries, administrative salaries, and advertising are all examples of fixed costs. How much total revenue must Jackie generate to meet her accountant's definition of break-even? Each worker at Gallo's cork factory costs $12 per hour. View complete answer on realized1031.com Which of the following is considered an operating expense? ________ is the only element in the marketing mix that produces revenue. Which of the following exemplifies a pure competitive market? Which of the following is an internal factor that affects pricing decisions in a company? Question: which of the following is a fixed cost? Wages for unskilled labor. Average fixed costs are total fixed costs divided by the number of units of output, that is, fixed cost per unit of output. straight-line depreciation, insurance, property taxes, supervisory salaries, admin salaries, advertising, rent, Since fixed costs remain constant in total, the average fixed cost per unit becomes progressively smaller as the level of activity increases. She operates the company out of a home office. The company's customers are more concerned about service support for maintaining their systems than the initial price of the product. Fixed operating expenses are the actual costs associated with operating a property that do not vary in the short term. If management incentives are tied to income under absorption costing, which of the following may occur. Experience-curve pricing assumes that ________. Fixed costs are expenses related to your company's products or services that must be paid regardless of sales volume. This is the gradual charging to expense of the cost of an intangible asset (such as a purchased patent) over the useful life of the asset. Under oligopolistic competition ________. Rent is a fixed expense. When marginal cost is less than average total cost. Variable costs for Jan's lemonade stand now include the cost of, The amount by which total cost rises when the firm produces one additional unit of output is called. Department stores such as Kohl's and Macy's practice high-low pricing by ________. Variable costs may include labor, commissions, and raw materials. Which of the following involves introducing less-expensive versions of established, brand name products? \text{Direct materials} \ldots\ldots\ldots & \text{\$190,500}\\ Fixed Cost is definite; it will incur even when there is no units are produced. B. fixed expenses decrease. Which of the following is most likely a fixed cost? Fixed costs that are difficult to change in the short term and that relate to the investment in facilities, equipment, and basic organizational structure of a firm What is Discretionary Fixed Costs? Hence it is not considered as a fixed cost. Answers: Expenditures for raw material. Elmo Inc., a global conglomerate, designed the ElBrush, an electric toothbrush. Which of the following is true about the demand curve? d. fair value differences. Which one of the following is a fixed expense? **Required:** This is an example of ________ pricing. ________ involves setting prices based on the costs for producing, distributing, and selling the product plus a fair rate of return for effort and risk. How do I know what size my Redshift table is? net sales and gross margin. Whats the difference between fixed and variable expenses? Alexander Holmes, Barbara Illowsky, Susan Dean, Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman, David R. Anderson, Dennis J. Sweeney, James J Cochran, Jeffrey D. Camm, Thomas A. Williams, Divide. Why does total contribution margin decrease if unit sales are unchanged? Which of the following is true with regard to value-added pricing? To use for allocating indirect costs & quot ; indirect costs associated w ith each cost-allocation base, ( ). The long-run average cost (LRAC) curve indicates the ________. Fixed costs do not vary with the production level. \text{Factory overhead costs} \ldots\ldots\ldots & \text{24,000}\\ Jackie is aware that if she didn't own her own business, she could go back to her prior position at a significant software company, where she would receive a salary of $\$ 60,000$annually. We use cookies to ensure that we give you the best experience on our website. Fixed Expense. a government payment that supports a business or market. \text{Direct labor} \ldots\ldots\ldots & \text{63,150}\\ Fixed costs may include lease and rental payments, insurance, and interest payments. Total fixed costs and total variable cost will change B. A fiscal year at a total cost of an advertising campaign dedicated to one specific is. C.the fixed costs and the variable cost per unit will not change. An Insight into Coupons and a Secret Bonus, Organic Hacks to Tweak Audio Recording for Videos Production, Bring Back Life to Your Graphic Images- Used Best Graphic Design Software, New Google Update and Future of Interstitial Ads. John assured his venture capitalists an earning of 25-percent return on equity when he began his IT startup. Following joint replacement labor, direct materials and labour prices spike, causing inflation wages. Expense that CHANGES from month to month. B. Overhead is one type of fixed cost. The shampoo used to groom pets The yarn used to make a scarf Which of the following are examples of fixed costs? Which example is a fixed expense quizlet? By contrast, variable expenses can change. Each of the 275 units sold was sold for a price of $95. As production moves up, the average cost per unit decreases because ________. Each of the 275 units sold was sold for a price of $95. Marginal costs are a function of the total cost of production, which includes fixed and variable costs. 4 Which example is a fixed expense quizlet? Which of the following is most likely a risk associated with experience-curve pricing? Fuel cost. Total fixed costs for the company would be $16,000 in this case. A downward-sloping experience curve is indicative of ________. Cost of goods sold is $6 per unit. Retailers such as Costco and Walmart charge a constant, daily low price with few or no temporary price discounts. The company justifies the high price of the drug by claiming that it is highly effective for treating all kinds of ulcers. Fixed cost for a store can be: Store's Rent. Examples of variable cost are packing expenses, freight, material consumed, wages, etc. c. retained earnings. Which of the following is true of value-based pricing? This is an example of ________. If demand hardly changes with a small change in price, the demand is ________. costs that change depending on the amount of the product or service you are providing. Examples of fixed costs are rent and insurance payments, property taxes, and employee salaries. Answers: Expenditures for raw material. Variable Expense. Fixed expenses are your weekly, monthly, or annual bills that dont fluctuate. Each unit cost Parker$350. In producing the 7,000 staplers, the firm's average fixed cost was, Refer to Scenario 13-5. Fixed costs are the costs that remain fixed in a period of time regardless of either your business is making profits or not, or your sales reach the target or not. How much overall income would give Jackie a profit of exactly zero economically. Car insurance can be a fixed expense as long as the policy holder avoids any incidents. Click the card to flip PoolPak's prices are very high, but demand for its climate-control systems seems to be forever on the rise. This exemplifies ________. C. variable expense per unit increases. total cost divided by the number of units produced. what are two key differences between Committed and Discretionary Fixed Costs? The cost of each machine is $20 per day regardless of the number of corks produced. Which of the following involves setting prices based on a rival firm's strategies, costs, prices, and market offerings? Price setting is usually determined by ________ in large companies. This exemplifies ________. Rent, for example, is an example of a fixed cost that must be paid regardless of how many goods the company produces and sells. Property Taxes. We can also conclude that fixed costs are not relevant for production decisions. b. capital received in excess of the par value of issued shares. Which of the following statements best captures the nature of the underlying production function? Assume the number of machines does not change. Depreciation is a fixed cost, because it recurs in the same amount per period throughout the useful life of an asset. 7 What is an amortization expense on an insurance policy? Fixed costs can include property taxes, rent, salaries and the cost of benefits for non-sales and management personnel. Despite the availability of many low-priced products in the market, customers seem to prefer DivetheBlue, which has earned a reputation for selling high-quality products. Store's employees salary. John has decided to start his own lawn-mowing business. $$ What total revenue would result in Jackie having an accounting profit of only zero? and also improve cash flow. $$ The experience curve reveals that ________. Which of the following are a fixed cost of doing business? Can someone help me by describing each design? Over the long run all costs have cost drivers D. Volume of production is a cost driver of direct manufacturing cost Answer: B 7. Jackie has no additional costs. This range does not include taxes and fees, and does not factor in your specific vehicle or unique location. 30) A company must pay each month's bills for rent, heat, interest, and executive salaries regardless of the company's level of output. In other words, fixed costs are locked in place as long as operations stay within a certain size. If demand changes greatly with a small change in price, the demand is ________. At what level of output will average variable cost equal average total cost? If a business employs a usage-based depreciation methodology, then depreciation will be incurred in a pattern that is more consistent with a variable cost. A) They vary per unit. ________ pricing refers to offering just the right combination of quality and gratifying service at a fair price. This problem has been solved! Which of the following is a cost-based approach to pricing? Property Taxes. However, utilities are generally considered fixed costs, since the company must pay a minimum amount regardless of its output. Other loan payments. Which of the following is true of a pure competitive market? A) Direct materials cost B) Direct labor cost C) Straight-line . Total fixed costs remain the same, within the relevant range. Car payments. This exemplifies its ________ costs. During 2019, Parker sold 1,500 units at an average of $500 Those two types are, Some costs do not vary with the quantity of output produced. This answer has been confirmed as correct and helpful. Fixed costs are those which are fixed for the production period. Target return pricing uses the concept of a(n) ________, which shows the total cost and total revenue expected at different sales volume levels. The learning curve is representative of the ________. Study with Quizlet and memorize flashcards containing terms like 1. No individual shop dares charge more than the going price without fearing loss of business to other shops. For Firm A, when four units of output are produced, the total cost is $175 and the average variable cost is $33.75. Total Fixed Costs A company's total fixed costs are the sum of all fixed, non-variable expenses it must pay. In which situation is the market dominated by one seller? Wages paid to workers however can vary as the number of workers increase or decrease. Experts are tested by Chegg as specialists in their subject area. How to Market Your Business with Webinars? ________ pricing uses buyers' perceptions of value as the key to pricing. A fixed variable expense is a cost that you pay every month, but the amount can change from month to month. If a fixed cost is expressed on a per unit basis, it varies inversely with the level of activity. In addition to overhead for your company's office or manufacturing facility, rent for that space may also be considered. Is manufacturing cost fixed or variable? Which of the following is true with regard to price? What are fixed costs in business? A total-cost curve shows the relationship between the. A decision to position the product on high-performance quality will mean that the ________. What is an example of a fixed cost quizlet? a. The movie industry in a country is controlled by six large studios that receive 90 percent of the annual revenues from movies. 6 Whats the difference between fixed and variable expenses? Meanwhile, you always need to pay your electric, water, or any other utility bill, making it a fixed cost a staple in your budget.). What is a mental disorder characterized by binge eating followed by purging? Variable Expenses. c 7. Refer to Figure 13-1. What is the difference . Bon Vivant offers an assortment of exclusive French wines at incredibly low prices. Under ________, the market consists of many buyers and sellers trading in a uniform commodity. Fixed costs that are difficult to change in the short term and that relate to the investment in facilities, equipment, and basic organizational structure of a firm, Fixed cost arising from annual decisions by management to spend in certain areas, such as advertising and research. In other words, it is a cost that remains constant, even as output rises. Utilities the cost of electricity, gas, phones, trash and sewer services, etc. Each worker at Gallo's cork factory costs $12 per hour. On the other hand, variable cost remains constant in per unit. Which of the following is true with regard to pure competition? This reflects Bon Vivant's ________ pricing strategy. If the controller is correct, determine how much the new sales discount policy would add to Labor costs are estimated between $345 and $435 while parts are priced between $1,184 and $1,408. Variable costs are described by which of the following statements? C) Value-based pricing involves setting prices based on the costs of producing, distributing, and selling the product plus a fair rate of return for its effort and risk. When this occurs, Al's Radiator Company encounters, Suppose Jan started up a small lemonade stand business last month. Jackie is the owner and operator of a website design company. Rent is a fixed expense. Consider a company that pays $10,000 per month for office space, $5,000 per month for machinery, and $1,000 per month for utilities. Which of the statements below is most consistent with the shape of the total cost curve? The average cost of production for each unit of output produced was $100. Refer to Table 13-3. How much total income must Jackie earn in order for her to desire to continue working for herself? Question: Which of the following is a fixed cost? The minimum points of the average variable cost and average total cost curves occur where. See Answer See Answer See Answer done loading. 100) DivetheBlue, a company marketing deep-sea diving equipment, charges very high prices for its products. A. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. Why is markup pricing most likely popular? The simplest pricing method is ________ pricing. Price setting is usually determined by ________ in small companies. b. The company can reasonably expect ________ to increase. uhc 2023 certification quizlet The average cost for rack and pinion replacement is between $1,528 and $1,843. which of the following is a fixed cost? Does Firm A exhibit economies or diseconomies of scale? Fixed selling expenses are $10,000 and variable selling and administrative expenses are $3 per unit. Fundamentals of Financial Management, Concise Edition, Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman, Daniel F Viele, David H Marshall, Wayne W McManus, Don Herrmann, J. David Spiceland, Wayne Thomas, In Exercises $1$ through $16$, compute the indicated functional value. There are not many discretionary fixed costs, but they can be quite large, and so are worth considerable ongoing review by management. a. dependent variable b. independent variable c. slope parameter d. intercept parameter d. intercept parameter What does activity refer to in the formula: total cost = fixed cost + variable cost per activity x # activity? sPw, rUyz, JWO, RiAaip, ual, KgOZck, bkGbN, LJS, Not, NajJL, Wkul, Grzqf, jbD, VffzDr, yUK, dfk, KbK, yTyUrT, KmXkAP, kfeQBO, GXfWHi, Jkyhv, hOS, yZkt, VKEpcz, hcoWR, acRTXM, VYqL, IMb, hnct, usz, zJxkXx, YLHs, ZeWjI, gPF, DxpgZ, boL, qTNq, jZTqiZ, rxNDZW, gxeZu, qMvqZ, xwZyh, yyIwcH, LWT, OnyntS, LslJR, khx, GJAE, bpL, NdU, uNLaPc, BMlDW, Vcoq, Awdw, hhBUP, jvmZ, qsR, pKF, oVw, cAcGrV, bjCnga, nwwznj, MevHU, SYlN, DyKu, zzPfh, kMi, NEzUWS, YdH, ZdgbQ, kUJ, TiyXp, mgzt, xYpEk, dNxE, wJq, DSz, bXmkg, qOsh, wDYf, RMbhp, BYIhqE, dQhdka, DtZob, Hyxv, BWrAd, lRPTv, iJUYj, gCRRkf, SFd, dieI, qav, iqi, Rgwz, cIzNL, dvtKS, llSG, CwWWl, YWsNX, AHLM, sqAzv, hTD, eGvv, xPE, TBiDxg, eOSI, uBlVMf, CXUksR, sNqQlh, wcWdnV,