Cost Behavior MCQs

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The relative proportion of variable, fixed, and mixed costs in a firm is known as the firm’s:






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The cost of goods sold in a merchandising firm typically would be classified as a:






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Simple regression involves:






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The classification of costs as fixed, variable, or mixed is made:






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Factory overhead taken as a whole would be a perfect example of:






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The trend in most companies today is toward:






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Discretionary fixed costs:






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The traditional income statement required for external reporting:






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Barton, Inc. had the following data for maintenance cost: . . . . . . . . . . . . 2001 2000 Machine hours incurred 12,000 16,000 Maintenance cost ...






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Eton Minerals shipped 8,000 tons of coal for $400,000 in February and 10,000 tons for $499,000 in March. Shipping costs for 11,000 tons expected to be...