true and false. please answer all questions

Word or Phrase Cost Behavior Analysis Cost Volume Analysis Description The study of how specific cossts respond to changes in the leverl of business activity The Process of cost charged to a period and not a job. The process of identifying financial data that changes under alternative courses 3 Incremental Analysis of action. Those cost which are fixed but change with production. Potential benefit that is lost when one course of action is chosen rather than an Fixed Cost 5 Opportunity Cost alternative course of action. Cost which contain both Variable and Fixed which change in total but not in proportion to activity level. Mixed Cost The range of activity over which the company expecets to operate during the 7 Relevant Range year. Any event, action, transaction that incurr cost when producing a product A cost that cannot be changed in present but can be in the future. The cost which remain the same regardless of production of units. The amount of revenue remaining after deducting variable cost. Level of activity at which revenues equal total cost, fixed and variable. The net income the management sets to determine break even analysis. The unit selling price less variable costs. Eliminates the high and low cost from a time period and average all other cost. Activity Sunk Cost 10 Variable Cost 11 Contribution Margin 12 Break Even Analysis 13 Target Net Income 14 Unit Contribution Margin 15 High Low Method