With respect to total variable costs which of the

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49.With respect to total variable costs, which of the following statements is true?A) They will remain the same as production levels change within the relevant range.B) They will decrease as production decreases within the relevant range.C) They will decrease as production increases within the relevant range.D) They will increase as production decreases within the relevant range.
50. Which of the following statements is true?
51. Regression analysis is a cost-estimating approach that uses _______________ to find thecost line.
52.On a contribution margin income statement, sales revenue less variable expensesequals
53.The contribution margin income statement presents ________ below the contributionmargin line.A) only variable expenses relating to selling and administrative activitiesB) only fixed expenses relating to selling and administrative activitiesC) all fixed expensesD) all variable expenses
Neon Company manufactures widgets. The following data is related to sales and productionof the widgets for last year.Selling price per unit$130.00Variable manufacturing costs per unit$62.00Variable selling and administrative expensesper unit$5.00Fixed manufacturing overhead (in total)$30,000Fixed selling and administrative expenses (intotal)$8,000Units produced during the year1,500Units sold during year1,10054.Using variable costing, what is the contribution margin for last year?HINT:Use units sold for your calculations.
55.Using variable costing, what is the operating income for last year?
HINT:Use units sold for your calculations.56.Profit is indicated on a cost-volume-profit graph by
57.Emille Corp has a selling price of $20 per unit, variable costs of $10 per unit, andfixed costs of $100,000. How many units must be sold to break even?A. 5,000B. 10,000C. 2,500D. 1,667

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