03 x03 Activity Costs WP - Activity Cost Analysis MODULE 3...

This preview shows page 1 - 2 out of 21 pages.

We have textbook solutions for you!
The document you are viewing contains questions related to this textbook.
Business Analytics: Data Analysis & Decision Making
The document you are viewing contains questions related to this textbook.
Chapter 17 / Exercise C.3
Business Analytics: Data Analysis & Decision Making
Albright/Winston
Expert Verified
Activity Cost AnalysisMODULE 3ACTIVITY COST AND COST ANALYSISTHEORIES:
1.Cost behavior analysis is a study of how a firm's costs
2.The term “relevant range” as used in cost accounting means therange over which B.cost relationships are validD. relevant costs are incurredBobadillaMALAYAN must have only variable costs.B.MALAYAN must have only fixed costs.C.MALAYAN must have some fixed costs and some variable costs.D. MALAYAN’s cost structure cannot be determined from thisinformation.Bobadilla
3.Most operating decisions by management focus on a narrow rangeof activity which is called the:
4.An item or event that has a cause-effect relationship with theincurrence of a variable cost is called a
5.If a predetermined overhead rate is not employed and the volumeof production is increased over the level planned, the cost per unitwould be expected toA.Decrease for fixed costs and remain unchanged for variable costs.B.Remain unchanged for fixed costs and increase for variablecosts.C.Decrease for fixed costs and increase for variable costs.D.Increase for fixed costs and increase for variable costs.Bobadilla
6.Which of the following describes the behavior of the variable costper unit? Variable cost:
7.A cost that remains constant on a per unit basis in a given perioddespite changes in the level of activity should be considered a(an):
8.Malayan Company’s average cost per unit is the same at all levelsof volume. Which of the following is true?A.MALAYAN must have only variable costs.B.MALAYAN must have only fixed costs.C.MALAYAN must have some fixed costs and some variable costs.D. MALAYAN’s cost structure cannot be determined from thisinformation.Bobadilla
9.Depreciation expense based on the number of units produced isclassified as what type of cost?
We have textbook solutions for you!
The document you are viewing contains questions related to this textbook.
Business Analytics: Data Analysis & Decision Making
The document you are viewing contains questions related to this textbook.
Chapter 17 / Exercise C.3
Business Analytics: Data Analysis & Decision Making
Albright/Winston
Expert Verified

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture