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All true or false 1.As production volume activity increases, variable cost per unit remains constant. 2.There are only two methods to derive an estimated line
All true or false
1.As production volume activity increases, variable cost per unit remains constant.
2.There are only two methods to derive an estimated line of cost behavior; the high-low method and the scatter diagram.
3.Scatter diagrams plot volume (units) on the vertical axis and cost on the horizontal axis.
4.Budgets are normally more effective when all levels of management are involved in the budgeting process.
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