Ch 9 Managerial Accounting for Costs Name Multiple Choice Choose the letter of the best answer to the questions listed below. 1. Which of the following is not a way to classify costs? a. Mixed costs h. Excessive costs c. Controllable costs d. Fixed costs 2. Activitybased costing could include a. Totaling up invoices for each profit center h. Calculating the original cost of the hotel's operations c. Summing up the percentage of each worker's h'me and pay that is spent on a specific activity d. Identifying the employees working in each deparbiient of the hotel 3. Fixed costs are those costs which . a. Remain the same despite increases or decreases in sales volume h. Increase or decrease as sales volume increases or decreases c. Increase or decrease as a range of activity increases or decreases d. Relate to the xed assets of the business 4. Variable costs are those costs which a. Remain the same despite increases or decreases in sales volume b. Increase or decrease as sales volume increases or decreases c. Increase or decrease as a range of activity increases or decreases d. Relate to the xed assets of the business 5. Given total fixed costs of $350 and total variable costs of 5500, with total sales of SLEIIEII and 2311] guests, what is the variable cost per guest? a. 51.52 l3. 52.1? c. 53.7\"] d. 55.96 E. 1Which of the following is not a common method of splitting mixed costs into their fixed and variable components? a. Scatter diagram b. I-Iigbflow method c. Regression analysis d. TSquare analysis