100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
ACC 241 exam 2 Study Guide with Verified Answers $7.99   Add to cart

Exam (elaborations)

ACC 241 exam 2 Study Guide with Verified Answers

 0 view  0 purchase
  • Course
  • Accounting 241
  • Institution
  • Accounting 241

ACC 241 exam 2 Study Guide with Verified Answers variable costs - ️️ Correct-change in total in direct proportion to changes in volume mixed costs per unit decrease as decrease as volume increases but - ️️ Correct-not in direct proportion to chances in volume - because mixed costs cont...

[Show more]

Preview 1 out of 3  pages

  • September 25, 2024
  • 3
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Accounting 241
  • Accounting 241
avatar-seller
EmillyCharlotte
TITLE: EMILLYCHARLOTTE 2024/2025 ACADEMIC PERIOD
OWNER: EMILLYCHARLOTTE
COPYRIGHT STATEMENT: ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISHED: SEPTEMBER 2024

ACC 241 exam 2 Study Guide with
Verified Answers


variable costs - ✔️✔️Correct-change in total in direct proportion to changes in volume


mixed costs per unit decrease as decrease as volume increases but - ✔️✔️Correct-not in

direct proportion to chances in volume

- because mixed costs contain both fixed cost and variable cost components, they

behave differently

mixed cost keys - ✔️✔️Correct-- total mixed costs increase as volume increases because

of the variable cost component

- mixed costs per unit decrease decrease as volume increases because of the fixed

cost component`

total mixed cost equation y = - ✔️✔️Correct-total mixed costs = variable cost component

+ fixed cost component

y = vx + f

y = total mixed costs

v= variable cost per unit of activity

x= volume of activity

f= fixed cost over a given period of time


1/3

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller EmillyCharlotte. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

84866 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$7.99
  • (0)
  Add to cart