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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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