Fixed Cost Per Unit

question 49

Multiple Choice

Fixed cost per unit:

• A) decreases as production volume decreases.
• B) is not affected by changes in the production volume.
• C) decreases as production volume increases.
• D) increases as production volume increases.

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Definitions:

Notary Public

A public official authorized to witness the signing of legal documents and administer oaths, to help prevent fraud.

Bigamy

The act of entering into marriage with one person while still legally married to another.

Legally Married

The official union of two individuals recognized by law, entitling them to certain rights, benefits, and obligations.

Paternity Suit

A lawsuit brought by an unmarried mother to establish that a certain person is the biological father of her child. DNA testing or a comparable procedure is often used to determine paternity.