Use the Information Below to Answer the Following Question(s)

question 78

Multiple Choice

Use the information below to answer the following question(s) .Big Island Coffee Co.produced and sold 120,000 units last year.Per unit revenue and costs were as follows:
Fixed manufacturing overhead and administrative salaries are fixed costs.The per unit amounts are based on last year's production.
-Cost behaviour refers to

• A)how costs react to a change in the level of activity.
• B)whether a cost is incurred in a manufacturing, merchandising, or service company.
• C)classifying costs as either inventoriable or period costs.
• D)whether a particular expense has been ethically incurred.
• E)how costs react to a change in selling price.

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Definitions:

Attitudes

An individual's learned predispositions to respond in a consistently favorable or unfavorable manner with respect to a given object.

Behavior

The observable actions or responses of individuals or systems.

Variables

Elements, features, or factors that are likely to vary or change within the context of a scientific experiment or study.

Cognitive Dissonance

The mental discomfort experienced by an individual who holds two or more contradictory beliefs, values, or ideas.