1) Total fixed costs change in response to changes in the volume of production. 2) Unit variable costs change as total production increases. 3) Mixed costs are part variable and part fixed. 4) Fixed...

1) Total fixed costs change in response to changes in the volume of production.

2) Unit variable costs change as total production increases.

3) Mixed costs are part variable and part fixed.

4) Fixed costs per unit increase as production levels increase.

5) An expense such as advertising could be considered a discretionary fixed cost.

6) The fixed cost per unit always remains the same.

7) The graph for total fixed costs will be a vertical line.

8) Total variable costs change in direct proportion to changes in volume.

9) The variable cost per unit of activity increases as activity increases.

10) When graphing total fixed costs, the fixed cost per unit is the slope of the fixed cost line.