145.Match the following terms with the appropriate definitions. 1. A cost that remains constant over limited ranges of volumes of activity but shifts to another level when volume changes...





145.Match the following terms with the appropriate definitions.






1. A cost that remains constant over limited ranges of volumes of activity but shifts to another level when volume changes significantly. 2. A cost that changes in total in proportion to changes in volume of activity. 3. A statistical method for identifying cost behavior that is more precise than the high-low method and a scatter diagram4. A company's normal operating range of production volume; excludes extremely high and low operating levels that are unlikely to recur. 5. A line drawn on a graph to fit the relation between cost and unit volume. 6. A business planning tool that helps managers predict how changes in costs and sales levels affect profit. 7. A cost that changes as volume changes, but at a nonconstant rate. 8. A cost that remains unchanged in total amount despite variations in the volume of activity within a relevant range. 9. A cost that includes both fixed and variable cost components. 10. The amount that the sale of one unit contributes toward covering fixed costs and generating profit.



May 15, 2022
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