Question: Question 1 2 pts Simplifying assumptions made when using cost behavior pattern data include: relevant range and linearity. relevant range and liquidity. fixed activity and
Question 1 2 pts Simplifying assumptions made when using cost behavior pattern data include: relevant range and linearity. relevant range and liquidity. fixed activity and linearity activity range and variability, Question 2 2 pts The formula for expressing the total of a fixed, variable, or mixed cost at any level of activity is: total cost - fixed cost + (variable rate volume of activity) total cost - fixed cost volume of activity total cost-fixed cost variable rate total cost fixed cost-variable cost
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