Match each of the following numbered descriptions with one or more of the denominator$-$level capacity concepts by putting the appropriate letter$($s$)$ by each item: a$.$ Theoretical capacity b$.$ Practical capacity c$.$ Normal capacity utilization d$.$ Master$-$budget capacity utilization Concepts Measures the denominator level in terms of what a $1.$ plant can supply $2.$ Is based on producing at full efficiency all the time Represents the expected level of capacity utilization $3.$ for the next budget period Measures the denominator level in terms of demand $4.$ for the output of the plant Takes into account seasonal, cyclical, and trend $5.$ factors Should be used for performance evaluation in the $6.$ current year $7.$ Represents an ideal benchmark $8.$ Highlights the cost of capacity acquired but not used $9.$ Should be used for long$-$term pricing purposes $10.$ Hides the cost of capacity acquired but not used Choose from any drop$-$down list and then continue to the next question Save for Later MacBook Pro Match each of the following numbered descriptions with one or more of the denominator level capacity concepts by putting the appropriate letter$($s$)$ by each item a$.$ Theoretical capacity b$.$ Practical capacity c$.$ Normal capacity utilization d$.$ Master budget capacity utilization $1.$ plant can supply $2.$ Is based on producing at full efficiency all the time Represents the expected level of capacity utilization $3.$ for the next budget period Measures the denominator level in terms of demand $4.$ for the output of the plant Taken into account seasonal, cyclical, and trend $5.$ factors Should be used for performance evaluation in the $6.$ current year $7.$ Represents an ideal benchmark a$.$ Theoretical capacity b$.$ Practical capacity $8.$ Highlights the cost of capacity acquired but not used o$.$ Normal capacity utilization $9.$ Should be used for long$-$term pricing purposes d$.$ Master budget capacity utilization $10.$ Hides the cost of capacity acquired but not used Botha. Theoretical capacity and Practical capacity I used as the denominator$-$level concept, would Both o$.$ Normal capacity ilization and d$.$ Master budget capacity utilization avoid the restatement of unit costs when expected $11.$ demand levels change Choose from any drop$-$down list and then continue to the next question Save for Later MacBook Pro