quiz for managerial accounting

Cost drivers a. can be volume based b. affect the total level of costs incurred by com C. all of these d. are activities that cause costs to be incurred 2. Production is one of the value-chain functions. Which one example of a cost driver for production costs? a. number of people supervised b. labor hours machine hours d. sales dollars Learning Objective 2 Which of the following will not remain constant, if the level increases within the relevant range? a. variable cost per unit b. total variable costs C. total fixed costs d. A and C e . total costs f . B, C, and E 4. The limits of cost-driver activity within which a specific relation and the cost driver is valid is called