Plot ____ Curves on the Same Graph to Reveal Any

question 13

Multiple Choice

Plot ____ curves on the same graph to reveal any trends toward improving or deteriorating cost performance.

• A) AC, TBC, EV
• B) actual cost and budgeted cost
• C) CBC, CAC, and CEV
• D) CBC, PV, and BCWS

Classify costs as product, period, committed fixed, or discretionary fixed costs.

Calculate the effects of activity level changes on per unit and total fixed costs.

Identify and interpret differential, sunk, and opportunity costs in decision-making.

Utilize the standard cost formula for total, fixed, and variable costs.