
Cost behavior analysis : Cost behavior analysis means to study how the cost changes as the level of volume changes. Sometimes it may be fixed, it may be variable, it may be constant at certain level etc.
To Match
In the given question we have to match cost classifications in left side column with the definitions given in right side column.
Given Info:
Left side column:
- Total cost
- Mixed cost
- Variable cost
- Curvilinear cost
- Step-wise cost
- Fixed cost
Right side column:
1. This cost is the combined amount of all the other costs.
2. This cost remains constant over a limited range of volume; When it reaches the end of its limited range, it changes by a lump sum and remains at that level until it exceeds another limited range.
3. This cost has a component that remains the same overall volume levels and another component that increases in direct proportion to increases in volume.
4. This cost increases when volume increases, but the increase is not constant for each unit produced.
5. This cost remains constant overall volume levels within the productive capacity for the planning period.
6. This cost increases in direct proportion to increases in volume; its amount is constant for each unit produced.
Match:
Left Column | Right Column |
A | 1 |
B | 3 |
C | 6 |
D | 4 |
E | 2 |
F | 5 |

Want to see the full answer?
Check out a sample textbook solution
Chapter 21 Solutions
Fundamental Accounting Principles -Hardcover
- I don't need ai answer general accounting questionarrow_forwardDuring September, the assembly department completed 10,500 units of a product that had a standard materials cost of 3.0 square feet per unit at $2.40 per square foot. The actual materials purchased consisted of 22,000 square feet at $2.60 per square foot, for a total cost of $57,200. The actual material used during this period was 25,500 square feet. Compute the materials price variance and materials usage variance. Helparrow_forwardA company has an accounts receivable turnover ratio equal to 15. What is its number of days' sales in receivables?arrow_forward
- AccountingAccountingISBN:9781337272094Author:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.Publisher:Cengage Learning,Accounting Information SystemsAccountingISBN:9781337619202Author:Hall, James A.Publisher:Cengage Learning,
- Horngren's Cost Accounting: A Managerial Emphasis...AccountingISBN:9780134475585Author:Srikant M. Datar, Madhav V. RajanPublisher:PEARSONIntermediate AccountingAccountingISBN:9781259722660Author:J. David Spiceland, Mark W. Nelson, Wayne M ThomasPublisher:McGraw-Hill EducationFinancial and Managerial AccountingAccountingISBN:9781259726705Author:John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting PrinciplesPublisher:McGraw-Hill Education





