Question: 1. Knowledge of cost behavior is important in analysis. 2. A of activity. cost remains constant per unit at every level 3. Unit fixed costs

 1. Knowledge of cost behavior is important in analysis. 2. A

1. Knowledge of cost behavior is important in analysis. 2. A of activity. cost remains constant per unit at every level 3. Unit fixed costs activity. with the changes in the level of 4. Total fixed costs are over various levels of activities, whereas total variable costs directly and with changes in the activity level. 5. An assumption of CVP analysis is that variable and fixed costs have a relationship with an activity base. The range over which a company expects to operate is referred to as range. 6. the 7. A cost that has both variable and fixed elements is referred to as a cost. 8. The amount of revenue remaining after deducting total variable costs is called the 9. The point is when total revenues equal total costs. 10. the amount of divided by the contribution margin ratio will give to break even. 11. The difference between actual or expected sales and break-even sales is called the

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