not sure
yes
unit fixed costs and total variable cost
Unit Fixed Cost and Total Variable Cost Kenny Kalejaiye
true
The flexible budget uses the master budget as its basis. To develop the flexible budget, management should take the following steps. 1. Identify the activity index and the relevant range of activity. 2. Identify the variable costs, and determine the budgeted variable cost per unit of activity for each cost. 3. Identify the fixed costs, and determine the budgeted amount for each cost. 4. Prepare the budget for selected increments of activity within the relevant range.
From the minimum value of the independent variable to its maximum.
It is a value in the co-domain [range] of the function.
The independent variable, or manipulating variable always affect the outcome of a dependent, or responsive, variable. For example, i have a fire going, and i want to put it out. I could use a range of materials. The range of materials is the independent variable, while the fire going out or not is the dependent variable. This shows a cause and effect.
The relevant range of activity refers to a the current level of production. If production drops or increases, then the relevant range will change.
The mode is the value of the independent variable for which the line is at its highest.The range is the highest value of the dependent variable minus its lowest value.
A remains constant and B decreases. profit decrease
-2,147,483,648 to 2,147,483,647