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The method of managerial judgment in determining the cost behavior uses a manager's A) skills in determining practical capacity B) ethical focus to determine step-variable costs and step-fixed costs C) past observation to distinguish flexible resources and committed resources D) experience and past observation of cost relationships to determine fixed and variable costs E) none of the above Activity-based costing (ABC) A) can be used only in a process cost system. B) focuses on units of production. C) focuses on activities needed to produce a good or perform a service D) uses only a single basis of allocation. E) none of the above The method of managerial judgment in determining the cost behavior uses a manager's A) skills in determining practical capacity B) ethical focus to determine step-variable costs and step-fixed costs C) past observation to distinguish flexible resources and committed resources D) experience and past observation of cost relationships to determine fixed and variable costs E) none of the above Activity-based costing (ABC) A) can be used only in a process cost system. B) focuses on units of production. C) focuses on activities needed to produce a good or perform a service D) uses only a single basis of allocation. E) none of the above