In: Accounting
1. Which of the following costs is typically not a fixed overhead cost for a factory?
A.Salaries of factory supervisors.
B.Rent on the factory building.
Property taxes on the factory building.
C.Indirect materials used in production.
D. None of the answer choices is correct.
2.Which of the following costs does not change in total when the
activity level increases or decreases within the relevant
range?
A.mixed costs
B.fixed cost
C.variable costs
D.relevant costs
E.None of the answer choices is correct.
3.All of the following are steps of the high-low method except:
A.stating the results in equation form Y = f + vX.
B.calculating the fixed cost per unit.
C.calculating the variable cost per unit.
D.identifying the high and low activity data points.
E.None of the answer choices is correcT
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