Complete the following statements with one of the terms listed here. You may use a term more than once, and some terms may not be used at all.

a. An s-shaped line would represent a .

b. The cost equation resulting from using is described as the “line of best fit.”

c. is a method for determining cost behavior that is based on a manager’s judgment.

d. The vertical intercept of the line is zero.

e. are a type of cost behavior that is fixed over a small range of activity and then jumps to a different fixed level with moderate changes in volume.

f. The value is referred to as the “goodness-of-fit” statistic.
g. As the activity level rises and falls, remain constant in total.
h. are fixed costs that management has little or no control over in the short run.
i. The total line increases as the volume of activity increases, but the line does not begin at the origin.
j. is the cost to produce a single unit of production as calculated by dividing the total cost by the total number of units produced.
k. The uses two data points to arrive at a cost equation to describe a mixed cost.
l. The per unit is inversely related to the volume of activity.
m. is equal to the sum of plus .

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Account analysis Fixed cost(s) Regression analysis Average cost per unit High-low method Step cost(s) Committed fixed costs Mixed cost(s) Total cost(s) Curvilinear cost(s) R-squared Variable cost(s)