Using the provided learning Objectives for COST BEHAVIOUR, discuss how COST BEHAVIOUR Improves and or facilitates managment decision making. 350 WORDS MINIMUM NO PLAGARISM

Discuss how Cost Behaviour Improves and/or facilitates management decision making. Please Minimum 350 words. NO PLAGARISM.

Managerial Accounting 3 Cost Behaviour Learning Objectives 1 Describe key characteristics and graphs of various cost behaviours. O 2 Use cost equations to express and predict costs. O 3 Use account analysis and scatter plots to analyze cost behaviour. 4 Use the high-low method to analyze cost behaviour. O 5 Use regression analysis to analyze cost behaviour. O 6 Prepare contribution margin income statements for service firms and merchandising firms.O 7 Use variable costing to prepare contribution margin income statements for manufacturers. (Appendix 3A) 8 Use segment reporting to utilize the contribution margin income statement format in an organization with two or more divisions. (Appendix 3B)