Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

16-20 please and thank you 16. A factor that causes a product cost to increase or decrease is called. a. An activity pool. b. A

16-20 please and thank you image text in transcribed
16. A factor that causes a product cost to increase or decrease is called. a. An activity pool. b. A cost driver. C. An estimate. d. A period cost. 17. Curvilinear costs: a. Form a circle if graphed. b. Are costs outside a relevant range. C. Approximates a mixed cost, within a relevant range. d. Cannot be graphed 18. A cost that changes in direct proportion to a change in business activity level is called: a. A fixed cost. b. A variable cost. C. A direct cost. d. An indirect cost. 19. The volume of activity where an organization's expenses equal its income is called: a. A contribution margin. b. A break-even point. c. A target net profit. d. A safety margin. 20. In a make-or-buy decision, relevant costs to consider are: a. Manufacturing costs that will be saved. b. The purchase price of the units to be bought C. Opportunity costs. d. All of the above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Crossover Of Audit And Evaluation Practices Comparative Policy Evaluation

Authors: Maria Barrados, Jeremy Lonsdale

1st Edition

1032173874, 978-1032173870

More Books

Students also viewed these Accounting questions

Question

Why don't governments try to achieve 0% unemployment?

Answered: 1 week ago