Match each of the following terms to the appropriate definition. A type of cost that has two...

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Accounting

Match each of the following terms to the appropriatedefinition.

A type of cost that has two components; one that does not changein relation to the volume produced and one that does change inrelation to the volume produced.

Answer 1

A type of cost that does not change in relation to volumeproduced.

Answer 2

A type of cost that changes in relation to volume produced.

Answer 3

Describes a company's cost structure and the effect of fixedcosts on operating income as volume changes.

Answer 4

A fairly accurate calculation to determine the variable andfixed components of a cost.

Answer 5

The excess of sales over break-even revenue.

Answer 6

A method of examining different scenarios by only examiningitems that have changed.

Answer 7

A production level where certain costs remain the same.

Answer 8

The difference between sales per unit and variable costs perunit.

Answer 9

The answers for each one are one of these, Least squaredregression method, Fixed Costs, Incremental Analysis, RelevantRange, Mixed Costs, Operating Leverage, Margin of Safety, Variablecosts, and Contribution Margin per Unit

Answer & Explanation Solved by verified expert
4.1 Ratings (579 Votes)
Answer 1 A type of cost that has two components one that does not change in relation to the volume produced and one that does change in relation to the volume produced is called MIXED COSTS Answer 2 A type of    See Answer
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Match each of the following terms to the appropriatedefinition.A type of cost that has two components; one that does not changein relation to the volume produced and one that does change inrelation to the volume produced.Answer 1A type of cost that does not change in relation to volumeproduced.Answer 2A type of cost that changes in relation to volume produced.Answer 3Describes a company's cost structure and the effect of fixedcosts on operating income as volume changes.Answer 4A fairly accurate calculation to determine the variable andfixed components of a cost.Answer 5The excess of sales over break-even revenue.Answer 6A method of examining different scenarios by only examiningitems that have changed.Answer 7A production level where certain costs remain the same.Answer 8The difference between sales per unit and variable costs perunit.Answer 9The answers for each one are one of these, Least squaredregression method, Fixed Costs, Incremental Analysis, RelevantRange, Mixed Costs, Operating Leverage, Margin of Safety, Variablecosts, and Contribution Margin per Unit

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