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Cost behavior refers to: A ) how costs react to a change in the level of activity B ) whether a cost is incurred in

Cost behavior refers to:
A) how costs react to a change in the level of activity
B) whether a cost is incurred in a manufacturing, merchandising, or service company
C) classifying costs as either inventoriable or period costs
D) whether a particular expense has been ethically incurred
E) all of the above
In multiproduct situations when sales mix shifts toward the product with the lowest contribution margin, the
breakeven quantity will decrease.
A) True
B) False
C) Not enough information to answer
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