The cost behavior method that may use time and motion studies to determine the activities and amounts for cost behavior analysis is
A) account analysis method.
B) industrial engineering method.
C) regression analysis.
D) high-low method.

Question

Quizplus · Accepted Answer

The method that may use time and motion studies to determine the activities and amounts for cost behavior analysis is the industrial engineering method. This method is also commonly known as the engineering approach. It involves analyzing different activities of a business to measure the time and resources involved in performing them. By studying these activities, managers can determine how much of the costs are fixed and how much are variable. The industrial engineering method is particularly useful for businesses with significant manufacturing or production operations.

The Cost Behavior Method That May Use Time and Motion