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Label the graphs below using the cost behaviour text provided (drag and drop the text into the box provided) Value Value 1 2 3 4 5 6 7 8 9 Activity 3 4 5 6 7 8 9 Activity Total Variable Costs Total Fixed Costs Total cost per unit Total Costs A manufacturing firm is very busy and overtime is being worked. The amount of overtime premium contained in direct wages would normally be classed as: Select one: A direct materials B. administrative overheads. C. factory overheads D. part of prime cost O E. direct labour costs Clear my choice Please select the advantages of CVP Analysis from the list below; Select one or more: 1. Variable costs per unit is assummed to be constant l. It can help calculate the impact of changing the selling price, variable and fixed costs ill. Always assumes that fixed do not change iv. It is very useful for planning V. Can be used for What if Scenarios vi. It is very easy to calculate vil. It does not consider the impact of the demand curve on prices