the lost profits from lost customers are an example of what type of cost

# The lost profits from lost customers are an example

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the lost profits from lost customers are an example of what type of cost external failure costs the costs of training production personnel on their job tasks is an example of which of the following types of costs prevention costs production loss caused by downtime is an example of a(n) internal failure cost which of the following cost of quality categories represent the cost incurred to "re-inspect a reworked blender?" internal failure costs which of the following cost of quality categories represent the cost incurred to seek and fine a new supplier that can provide quality raw materials compared to the low-quality raw materials received form a current supplier prevention costs total fixed costs do not change in response to changes in the volume of production true fixed costs per unit decrease as production levels increase true an expense such as advertising could be considered a discretionary fixed cost true the line on a graph representing total fixed costs will be a horizontal line true total variable costs change in direct proportion to changes in volume true the variable cost per unit of activity increases as activity increases false when graphing total fixed costs, the fixed cost per unit is the slope of the fixed cost line false when graphing total fixed costs, the cost line always begins at the origin false the graph of total variable cost will be a horizontal line over all activity levels within the relevant range false
when graphing total variable costs, the cost line begins at the origin true total mixed costs increase as volume increases because of the variable cost component true total mixed cost graphs slope upward but do not begin at the origin true total mixed cost graphs intersect at the y-axis at the level of fixed costs true relevant range is the range of activity (volume) over which total fixed costs and variable costs per unit can be assumed to remain the same true in the equation y=vx+f, the x represents the fixed costs false in the equation y=vx+f, the f represents the volume of activity false cost behavior can be mathematically expressed using equations true the equation for a straight line is y=fx+v, where y is the total cost, f is the fixed cost per unit, x is the volume of activity, and v is the variable cost per unit false total fixed costs can be expressed as y=vx, where y=total variable cost, v=variable cost per unit of activity, and x=volume of activity false total fixed costs can be expressed as y=vx, where y=total variable cost, v=variable cost per unit of activity, and x=volume of activity false if production increases by 25 percent, how will total fixed costs likely react remain the same if production increases by 30 percent, how will total variable costs likely react increase by 30 percent which of the following would be considered a discretionary fixed cost advertising which of the following would be considered a committed fixed cost depreciation management has little or no control over committed fixed costs fixed, variable, mixed costs *