AaBbCd AaBbCd AaBbCd AaBbcc AaBbc 1 Colorful.. T List Para... Normal 1 No Spac... Heading 1 A- Paragraph Styles Chapter 3 - 3 Test True/False (3 Points) 1. Per unit fixed costs change with changes in activity. 2. Total mixed costs do not change in proportion to changes in activity. 3. Variable costs such as direct labor and direct materials typically stay constant on a per unit basis. 4. The contribution margin is calculated by taking total sales revenue minus total fixed costs 5. Unusual data points are often called outliers. I 6. The high-low method is one of the most accurate methods for estimating costs, because its estimates based on the data set as a whole. 7. Sensitivity analysis is also called "what-if analysis." 8. The only difference between absorption costing and variable costing is the treatment of fixed manufacturing overhead costs. 9. Absorption costing treats fixed manufacturing overhead costs as product costs. 10. An advantage of using absorption costing is that it prevents managers from increasing production solely for the purpose of inflating profit i e x 05 ly