From my understanding after looking into cost behavior is that the costs are broken into 3 different sub category costs: Variable, Fixed, and Mixed Costs. The three categories break down the overall costs in a company; Fixed doesn't change, Variable changes, and Mixed consists of a finance cost that is constant and includes a changing cost. Using the 3 types of costs, management is able to predict total costs based on previous costs. In simplest terms, cost behavior just analyzes types of spending from a business.<\/p>
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Q. Expand on one of the cost behaviors?<\/p>", "transcribed_text": "", "related_book": { "title": "Auditing Cases An Active Learning Approach", "isbn": "0130674842, 978-0130674845", "edition": "2nd Edition", "authors": "Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/64ed8a8041add_6938.jpg", "uri": "\/textbooks\/abnormal-psychology-clinical-perspectives-on-psychological-disorders-1st-edition-9781266566899", "see_more_uri": "" }, "free_related_book": { "isbn": "0672312913", "uri": "\/textbooks\/microsoft-access-2000-development-unleashed-1st-edition-978-0672312915-299584", "name": "Microsoft Access 2000 Development Unleashed", "edition": "1st Edition" }, "question_posted": "2024-06-28 08:38:07", "see_more_questions_link": "\/study-help\/questions\/business-human-resource-management-2020-May-22", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/1-generally-a-corporation-that-purchases-the-assets-of-another", "description": "1. Generally, a corporation that purchases the assets of another is not automatically responsible for the liabilities of the selling corporation, with some exceptions. 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