Managers should consider which of the following when predicting costs at different volumes? OA. The relevant range of the cost OB. The type of cost behavior OC. Both of the above should be considered. OD. Neither of the above should be considered. Click to select your answer. hp Access Learning Catalytics a x]] 0 P N a 3/7/18 10 or a Over Summ On a regression analysis output generated with Excel, a regression equation's fixed cost component is represented by the OA. x variable 1 coefficient. B. intercept coefficient. C. R-square. D. residual. Click to select your answer. * Tasty Treats is a snow cone stand near the local park. To plan for the future, Tasty Treats wants to determine its cost behavior patterns. It has the following information available about its operating costs and the number of snow cones served Month Number of snow cones January 6,400 February 7,000 March 6,200 April 6,900 May 7,600 June 7,250 Using the high-low method, the fixed costs for a month are OA. $1,500. OB. $980. OC. $12,660 OD. $5,320. Click to select your answer. Total operating costs $5,980 $6,400 $5,840 $6,330 $6,820 $6,575 Using account analysis, what type of cost is a community activity pass that costs $80 plus $15.00 per event? OA. Variable OB. Fixed OC. Step OD. Mixed Click to select your answer. 10 es Tools 9 Your client's company wants to determine the relationship between its monthly operating costs and a potential cost driver. The output of regression analysis showed the following information Intercept Coefficient 89,500 X Variable 1 Coefficient 62.50 R-square 0.9855 What is the company's monthly cost equation? A. y $89,500x + $98.55 OB. y $98.55x+ $89,500 OC. y $62.50x + $89,500 OD. y$89,500x + $62.98 Click to select your answer. Fixed costs that are the result of previous management decisions that current managers have no control over in the short run are called OA. standard OB. committed C. past OD. discretionary Click to select your answer. Access Learning Catalytics fixed costs Managers should consider which of the following when predicting costs at different volumes? OA. The relevant range of the cost OB. The type of cost behavior OC. Both of the above should be considered. OD. Neither of the above should be considered. Click to select your answer. hp Access Learning Catalytics a x]] 0 P N a 3/7/18 10 or a Over Summ On a regression analysis output generated with Excel, a regression equation's fixed cost component is represented by the OA. x variable 1 coefficient. B. intercept coefficient. C. R-square. D. residual. Click to select your answer. * Tasty Treats is a snow cone stand near the local park. To plan for the future, Tasty Treats wants to determine its cost behavior patterns. It has the following information available about its operating costs and the number of snow cones served Month Number of snow cones January 6,400 February 7,000 March 6,200 April 6,900 May 7,600 June 7,250 Using the high-low method, the fixed costs for a month are OA. $1,500. OB. $980. OC. $12,660 OD. $5,320. Click to select your answer. Total operating costs $5,980 $6,400 $5,840 $6,330 $6,820 $6,575 Using account analysis, what type of cost is a community activity pass that costs $80 plus $15.00 per event? OA. Variable OB. Fixed OC. Step OD. Mixed Click to select your answer. 10 es Tools 9 Your client's company wants to determine the relationship between its monthly operating costs and a potential cost driver. The output of regression analysis showed the following information Intercept Coefficient 89,500 X Variable 1 Coefficient 62.50 R-square 0.9855 What is the company's monthly cost equation? A. y $89,500x + $98.55 OB. y $98.55x+ $89,500 OC. y $62.50x + $89,500 OD. y$89,500x + $62.98 Click to select your answer. Fixed costs that are the result of previous management decisions that current managers have no control over in the short run are called OA. standard OB. committed C. past OD. discretionary Click to select your answer. Access Learning Catalytics fixed costs