Question
Complete the following statements with one of the terms listed below. You may use a term more than once, and some terms may not be
Complete the following statements with one of the terms listed below. You may use a term more than once, and some terms may not be used at all.
A.) An s-shaped line would represent a_____
B.) The cost equation resulting from using_____
C.)___________is a method for determining cost behavior that is based on a manager's judgment.
D.)The vertical intercept of the_____line is zero.
E.)______are a type of cost behavior that is fixed over a small range of activity and then jumps to a different
fixed level with moderate changes in volume.
F.) The______ value is referred to as the "goodness-of-fit" statistic.
G.) As the activity level rises and falls,_________remain constant in total.
H.)_________are fixed costs that management has little or no control over in the short run.
i.) The total__________line increases as the volume of activity increases, but the line does not begin at the origin.
J.) _______is the cost to produce a single unit of production as calculated by dividing the total cost by the total number of units produced.
K.The_______uses two data points to arrive at a cost equation to describe a mixed cost.
L.) The________per unit is inversely related to the volume of activity.
M.) _______is equal to the sum of_____plus_____.
accounting analysis,
average cost per unit,
committed fixed cost,
curvillear cost(s),
fixed cost(s),
High-Low method,
R-Square,
regression analysis,
step cost(s),
Total cost(s),
Varaible cost(s)
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