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wilcoxj49 wilcoxj49
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A year ago
Match the following terms to the appropriate statement by placing the letter to the left of each statement.

a.Committed fixed costg.Mixed cost
b.Contribution format income statementh.Regression analysis
c.Contribution margini.Relevant range
d.Contribution margin ratioj.Scattergraph
e.Discretionary fixed costk.Step cost
f.High-low methodl.Variable cost ratio

______1.A statistical technique that identifies the line of best for the points plotted in
a scattergraph.
______2.The difference between sales and variable costs.
______3.Fixed costs that cannot be changed over the short run.
______4.The ratio of the contribution margin to sales.
______5.One minus the contribution margin ratio.
______6.A report that allows easy assessment of the impact of sales volume on
operating income.
______7.The normal level of operating activity.
______8.Fixed costs that can be changed over the short run.
______9.A cost that has both a fixed and variable component.
______10.A cost that is fixed over only a small range of activity.
______11.A graph that shows total costs in relation to volume, or activity level.
______12.A method of estimating the fixed and variable cost components of a mixed
cost that requires using only two data points, the lowest point of activity
and the highest point of activity.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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nursethomasnursethomas
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