Cost behavior is:
A) the way in which costs change when the activity level changes.
B) the difference between sales revenue and fixed costs.
C) the same as absorption costing.
D) the amount of sales necessary to achieve a specific profit.
Correct Answer:
Verified
Q1: A company's normal operating activity is to
Q2: Full absorption costing divides fixed overhead between
Q4: A variable cost increases in total as
Q5: A fixed cost will stay constant on
Q6: Variable costing uses a contribution margin income
Q7: The relevant range is:
A)the range in which
Q8: The high-low method requires three observations of
Q9: The contribution margin ratio is calculated as
Q10: Contribution margin is defined as sales revenue
Q11: Which of the following statements is correct
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