Question: Select the term from the list provided that best matches each of the following descriptions. 1. A cost that remains constant in total when

Select the term from the list provided that best matches each of

Select the term from the list provided that best matches each of the following descriptions. 1. A cost that remains constant in total when volume changes 2. The way a cost changes relative to changes in a measure of activity 3. A company's cost mix or relative proportion of variable and fixed costs to total costs 4. The difference between a company's sales revenue and its variable costs 5. Costs composed of both fixed and variable components 6. A cost that changes in total in direct proportion to changes in volume 7. A factor that causes (or drives) changes in costs 8. A condition in which a percentage change in revenue will produce a proportionately larger percentage change in net income 9. A method of estimating the fixed and variable components of mixed cost using two data observations 10. A method of estimating the fixed and variable components of a mixed cost where data are plotted on a graph and a line is visually fit to the data

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