Which of the following statements is true regarding a direct fixed cost?
A) The corporate jet expenditure is an example of a direct fixed cost.
B) These costs are not associated with individual products.
C) These costs do not vary with sales volume.
D) These costs are spread out over many years and sometimes different products.
C
You might also like to view...
The second principle of Deming management is __________
a. the PDCA cycle should be implemented to improves the quality of work life of employees b. quality improvements lead to organizational enhancement c. hard data should be the basis of quality improvement d. companies should aim at improving the system, not blaming the workers
What will vary between countries when statements are prepared using IFRS?
A. The number of shares outstanding B. Accounting time period C. The monetary unit D. Faithful representation