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please answer the 4 questions thank you Cost behaviour refers to A. classifying costs as either inventoriable or period costs. B. how costs feact to
please answer the 4 questions thank you
Cost behaviour refers to A. classifying costs as either inventoriable or period costs. B. how costs feact to a change in selling price. C. whether a particular expense has been ethically incurred. D. how costs react to a change in the level of activity. E. whether a cost is incurred in a manufacturing, merchandising, or service company The relevant range is important because A. It specifies the limits beyond which the relationship of cost to cost drivers may not be valid. B. it specifies which costs should be used for a given decision. C. It determines tho time horizon. D. It provides a basis for determining a range of acceptable cost alternatives. E. it is required to determine inventoriable costs under ASPEAFRS. Understanding the reasons for any difference between actual results and budgeted amounts is an important aspect of A. management by perception. B. forecasting for the next accounting period. C. control. D. extended value - chain analysis. E. kaizen management. Global Corporation uses trucks to transport bottles from the warehouse to different retail outlets. Gasoline costs are \$0.10 per kilometre driven. Insurance costs are $7,000 per yoar. Calculate the total costs and the cost per kilometre for gasoline and insurance if the truck is driven (a) 22,000 kilometres per year or (b) 33,000 kilometres per year. Complete the table below. (Round the costs per kilometre to the nearest cent, $XXX )Step by Step Solution
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