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- 1. Open EndedThe relevant range of activity is approximated by straight line T/F?
- 2. Open EndedWithin the relevant range of activity, fixed costs remain constant in total. T/F?
- 3. Open EndedFixed costs:
- 4. Open EndedWithin the relevant range ____ costs remain constant on a per unit basis
- 5. Open EndedContribution Margin=
- 6. Open EndedSemi-variable costs are mixed cost. T/F?
- 7. Open EndedWithin the relevant range of activity, cost assumptions are....
- 8. Open EndedA type of indirect cost incurred to benefit more than one cost object is a
- 9. Open EndedMixed Costs:
- 10. Open EndedCommon activity bases include
- 11. Open EndedManufacturing overhead costs include:
- 12. Open EndedHigh-Low Method - Variable cost per unit forumla =
- 13. Open EndedThe revenue obtained from selling one additional unit of product
- 14. Open EndedSelling Costs include:
- 15. Open Ended3 Manufacturing costs:
- 16. Open EndedCost Objects:
- 17. Open EndedContribution format income statement
- 18. Open EndedDifferential costs
- 19. Open EndedSunk Costs
- 20. Open EndedThe cost of relatively insignificant Direct materials is treated as indirect materials because it is not worth the time and cost to directly trace them to the products. T/F?
- 21. Open EndedUsing high-low method, the fixed cost is caluclated =
- 22. Open EndedDifferential revenue
- 23. Open EndedY = a + bX denotes the
- 24. Open EndedProduct costs are also called inventoriable costs. T/F?
- 25. Open EndedPeriod costs are expensed when incurred. T/F?
- 26. Open EndedCost data is desired is called
- 27. Open EndedIncome statement focusing on product and period costs is prepared using
- 28. Open EndedIncome statement with distinction between fixed and vaiable costs
- 29. Open EndedPrime costs are
- 30. Open EndedDiscretionary Fixed Costs:
- 31. Open EndedCommitted fixed costs
- 32. Open EndedHigh low method:
- 33. Open EndedA traditional income statement starts with
- 34. Open EndedContribution Format Income statement
- 35. Open EndedHigh Low Method
- 36. Open EndedComputing variable and fixed costs using the high low method
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