Use account analysis to determine cost behavior (Learning Objective 3)

Use your judgment (just as a manager would use his judgment for account analysis) to determine the cost behavior of each of the following personal costs:

a. Apartment rental, \(\$ 500\) per month

b. Local phone service with unlimited local calls, \(\$ 19.99\) per month

c. Cell phone plan, the first 700 minutes are included for \(\$ 39.99\) per month and every minute thereafter costs \(\$ 0.30\)

d. Utilities, \(\$ 0.475\) per kilowatt hour

e. Car payment, \(\$ 350\) per month

f. Car insurance, \(\$ 250\) per month g. Gas, \(\$ 2.59\) per gallon and your car averages 25 miles per gallon h. Cable TV, \(\$ 50\) per month for 120 channels plus \(\$ 4.99\) per pay-per-view movie i. Commuter rail tickets, \(\$ 2\) per ride j. Student activity pass, \(\$ 100\) plus \(\$ 5\) per event k. Campus meal plan, \(\$ 3\) per meal