Complete the following statements with one of the terms listed here. You may use a term more than once, and some terms may not be used at all.
a. _______ remain constant in total over a wide range of volume.
b. _______ is often referred to as the “goodness-of-fit” statistic.
c. _______ and _______ increase in total as volume increases.
d. Graphs of _______ always begin at the origin.
e. _______ uses the manager’s judgment to determine the cost behaviour of various accounts.
f. _______ remain constant in total over small ranges of activity.
g. _______ and _______ increase on a per unit basis as volume decreases.
h. _______ uses only two historical data points to determine the cost line and cost equation.
i. _______ remain constant on a per unit basis.
j. When graphing cost equations, _______ are always shown on the y-axis.
k. The _______ should not be used to predict total costs at various volumes unless it is strictly a/an _______.
l. _______ uses all historical data points provided to determine the cost equation.
m. _______ are the result of previous management decisions and are not usually controllable in the short run.

  • CreatedApril 30, 2015
  • Files Included
Post your question