Practical capacity defied as a 1. typical operating conditions. 2. maximum assuming continuous, uninterrupted operations 365 days/year. 3. difference between activity capacity used and one of the above measures of capacity. 4. expected volume for the upcoming time period. What are the two methods of process costing to compute EUP? 1. The LIFO and FIFO. 2. The weighted average and FIFO. 3. The weighted average and LIFO. 4. The total average and FIFO. The process of examining the relationship between volume of production and changes in the profit and costs is known as........... 1. operating income analysis 2. revenue analysis 3. cost volume profit analysis 4. costs analysis