Chapter 04

Question 1

regression Analysis

Answer 1

estimates the dependent cost variable

Question 2

Contribution Margin Ratio

Answer 2

used to evaluate the product that has the biggest positive impact on company profitability

Question 3

A static budget contains which of the following

Answer 3

budgeted costs for budgeted output

Question 4

Sales planning process

Answer 4

develop management guidelines specific to sales planning, including the sales planning process and planning responsibilities, sales volume

Question 5

using variable costing which of the following cost are assigned to inventory

Answer 5

DM
DL
VOH

Question 6

absoprtion method