Title TB - Chap03 - Cost Behavior Analysis and Use.docx ✅

Chapter 03: Cost Behavior - Analysis and Use 3-1 Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. Question Type 1 T/F E x 2 T/F E x 3 T/F E x 4 T/F E x 5 T/F E x 6 T/F E x 7 T/F E x 8 T/F E x x 9 T/F E x 10 T/F E x 11 T/F E x 12 Conceptual M/C M x 13 Conceptual M/C M x 14 Conceptual M/C E x 15 Conceptual M/C E x 16 Conceptual M/C M x 17 Conceptual M/C M x 18 Conceptual M/C E x 19 Conceptual M/C E x 20 Conceptual M/C E x 21 Conceptual M/C E x 22 Conceptual M/C M x CMA 23 Conceptual M/C M x 24 Conceptual M/C E x 25 Conceptual M/C E x CMA 26 Conceptual M/C E x 27 Conceptual M/C E x 28 M/C H x x x 29 M/C M x x 30 M/C M x x 31 M/C M x x CMA 32 M/C H x x 33 M/C H x x 34 M/C H x x
Chapter 03: Cost Behavior - Analysis and Use 3-2 Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 35 M/C M x x 36 M/C M x x 37 M/C M x x 38 M/C M x x 39 M/C M x x 40 M/C H x x CIM A 41 M/C M x x 42 M/C M x 43 M/C M x 44 M/C E x 45 M/C E x 46 M/C E x 47 M/C M x 48 M/C E x 49 M/C E x 50 M/C E x 51 M/C E x 52 M/C E x 53 M/C E x 54 M/C E x 55 M/C E x CIM A 56 M/C E x 57 M/C E x 58 M/C E x 59 M/C E x 60 M/C H x 61 M/C H x 62 M/C E x 63 M/C E x 64 M/C E x 65 M/C E x 66-68 Multipart M/C M x x x 69-72 Multipart M/C E-M x x 73-75 Multipart M/C M x x 76-78 Multipart M/C H x x 79-81 Multipart M/C M x x 82-85 Multipart M/C M-H x x 86-88 Multipart M/C E x 89-90 Multipart M/C E x 91-92 Multipart M/C E x 93-94 Multipart M/C E x 95-96 Multipart M/C M x 97-98 Multipart M/C M x 99-100 Multipart M/C M x 101-102 Multipart M/C E x 103-104 Multipart M/C E x 105-106 Multipart M/C E x 107-108 Multipart M/C M x
Chapter 03: Cost Behavior - Analysis and Use 3-3 Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 109-110 Multipart M/C E x 111-112 Multipart M/C E x 113-114 Multipart M/C E x 115 Problem M x x 116 Problem E x 117 Problem E x 118 Problem H x x 119 Problem M x 120 Problem E x 121 Problem E x 122 Problem E x 123 Problem M x 124 Problem E x 125 Problem E x 126 Problem E x 127 Problem E x
Chapter 03: Cost Behavior - Analysis and Use 3-4 Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.   True / False Questions   1. Economists correctly point out that many costs that the accountant classifies as variable are actually curvilinear.  True    False   2. A cost that is obtained in large chunks and that increases or decreases only in response to fairly wide changes in the activity level is known as a step-variable cost.  True    False   3. Fixed cost per unit increases as activity decreases and decreases as activity increases.  True    False   4. A cost formula may not be valid outside the relevant range of activity.  True    False   5. The relevant range concept is not applicable to mixed costs.  True    False   6. The planning horizons for committed fixed costs and discretionary fixed costs are generally the same.  True    False   7. With automation, fixed costs increase relative to variable costs.  True    False