Comstock Test 1 Warren 13e Chapters 4, Multiple choice 1. Cost behavior refers to the manner in which a. a cost changes as the related activity changes b. a cost is allocated to products c, a cost is used in setting selling prices d. a cost is estimated Which of the following costs is an example of a cos total as the number of units produced changes? 2. a. b. c. d. direct labor salary of a factory supervisor units-of-production depreciation on factory direct materials 3. Strait Co. manufactures office furniture. During th year, 3,000 desks were manufactured at a total c lowest production the company made 1,125 desk the high-low method of cost estimation, total fixe a. $21,000 b. $25,400 C $42,000 d. $13,000 4. Given the following cost and activity observations use the high-low method to calculate Bounty' var hour. Round your answer to the nearest cent. Cost March April May June $3,100 2,700 2,900 3,600 a. $10.00 b. $0.67 c. $0.63 d. $0.11 Comstock Test 1 Warren 13e Chapters 4, Multiple choice 1. Cost behavior refers to the manner in which a. a cost changes as the related activity changes b. a cost is allocated to products c, a cost is used in setting selling prices d. a cost is estimated Which of the following costs is an example of a cos total as the number of units produced changes? 2. a. b. c. d. direct labor salary of a factory supervisor units-of-production depreciation on factory direct materials 3. Strait Co. manufactures office furniture. During th year, 3,000 desks were manufactured at a total c lowest production the company made 1,125 desk the high-low method of cost estimation, total fixe a. $21,000 b. $25,400 C $42,000 d. $13,000 4. Given the following cost and activity observations use the high-low method to calculate Bounty' var hour. Round your answer to the nearest cent. Cost March April May June $3,100 2,700 2,900 3,600 a. $10.00 b. $0.67 c. $0.63 d. $0.11