Question: Cost Behavior Matching ( 3 points each, 18 total) The same response may be used more than once. Variable Cost Fixed Cost Mixed Cost $3,000

 Cost Behavior Matching ( 3 points each, 18 total) The same

Cost Behavior Matching ( 3 points each, 18 total) The same response may be used more than once. Variable Cost Fixed Cost Mixed Cost $3,000 when activity is 4,000 units &$3,000 when activity is 8,000 $1,000 when activity is 4,000 units &$2,000 when activity is 8,000 Type of cost - - when activity increases, its costs per unit decreases inversely Type of cost which remains the same per unit at every level of activity Varies in total directly and proportionately with changes in activity $4,000 when activity is 4,000 units &$5,000 when activity is 8,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!