Question 1

Select the appropriate item for each of the definitions listed below.
-measures output and explains changes in cost

Accepted Answer

A) Dependant variable 
B) Independent variable 
C) Intercept 
D) Slope 
A) Dependant variable 
B) Independent variable 
C) Intercept 
D) Slope

Question 2

Suppose that at a given volume,total costs and fixed costs are known.How are the variable costs per unit computed?

Accepted Answer

A) (total costs − fixed costs)/unit volume 
B) (total costs/unit volume) − fixed costs 
C) (total costs × unit volume) − (fixed costs/unit volume) 
D) total costs − (fixed costs/unit volume) 
A) (total costs − fixed costs)/unit volume 
B) (total costs/unit volume) − fixed costs 
C) (total costs × unit volume) − (fixed costs/unit volume) 
D) total costs − (fixed costs/unit volume)

Select the appropriate item for each of the definitions listed below. -measures output and explains changes in cost

Suppose that at a given volume,total costs and fixed costs are known.How are the variable costs per unit computed?

Introduction to Managerial Accounting

Basic Managerial Accounting Concepts

Costvolumeprofit Analysis: a Managerial Planning Tool

Job-Order Costing

Process Costing

Activity-Based Costing and Management

Absorption and Variable Costing, and Inventory Management

Budgeting, production, cash, and Master Budget

Standard Costing: a Managerial Control Tool

Flexible Budgets and Overhead Analysis

Performance Evaluation and Decentralization

Short-Run Decision Making: Relevant Costing

Capital Investment Decisions

Filters

Exam 3: Cost Behaviour

Select the appropriate item for each of the definitions listed below. -measures output and explains changes in cost

Suppose that at a given volume,total costs and fixed costs are known.How are the variable costs per unit computed?

Introduction to Managerial Accounting

Basic Managerial Accounting Concepts

Costvolumeprofit Analysis: a Managerial Planning Tool

Job-Order Costing

Process Costing

Activity-Based Costing and Management

Absorption and Variable Costing, and Inventory Management

Budgeting, production, cash, and Master Budget

Standard Costing: a Managerial Control Tool

Flexible Budgets and Overhead Analysis

Performance Evaluation and Decentralization

Short-Run Decision Making: Relevant Costing

Capital Investment Decisions

Filters