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A cost that has characteristics of both a variable cost and a fixed cost is called a: discretionary cost sunk cost mixed cost variable/fixed cost

Contribution margin is: another term for volume in the "cost-volume-profit" analysis the same as sales revenue profit the excess of sales revenue over variable cost

Costs that vary in total in direct proportion to changes in an activity level are called sunk costs variable costs fixed costs differential costs

If fixed costs are $250,000, the unit-selling price is $105, and the unit variable costs are $65, what is the breakeven sales (units)? 10,000 units 3,846 units 6,250 units 2,381 units

f sales are $820,000, variable costs are 62% of sales, and operating income is $260,000, what is the contribution margin ratio? 38% 32% 62% 53.1%

The difference between the current sales revenue and the sales at the break-even point is called the: margin of safety contribution margin price factor operating leverage

Which of the following describes the behavior of the fixed cost per unit? Remains constant with changes in production Decreases with increasing production Decreases with decreasing production Increases with increasing production

Which of the following statements is true regarding fixed and variable costs? Both costs are constant when considered on a per unit basis. Both costs are constant when considered on a total basis. Fixed costs are fixed in total, and variable costs are fixed per unit. Variable costs are fixed in total, and fixed costs vary in total.

costs that remain the same in total dollar amount as the activity base changes cost per unit decreases as the activity level increases total cost remains the same regardless of changes in the activity base

the manner in which a cost changes as a related activity changes

costs that vary in proportion to changes in teh activity base Cost per unit remains the same regardless of changes in the activity base total cost changes in proportion to changes in the activity base

costs that have characteristics of both a variable and a fixed cost