Accounting Questions

Accounting Questions

Address each part of the following items in complete sentences. Will pay $30 must be orginal work  and A+ work. I can copy and paste from the internet myself. 

 

1. Name three cost behaviors and their characteristics.

 

 

2. Classify each of the following costs as a variable or fixed cost if units produced is the activity base?

 

a. Direct material costs

 

b. Direct labor costs

 

c. Electricity costs of $0.35 per kilowatt-hour

 

 

 

3. What is the purpose of the high-low method?

 

 

4.  What is the break-even point and why are managers interested in their company’s break-even point?

 

 

5. What effect will an increase in unit variable cost or total fixed costs have on the break-even point? What effect will an increase in the unit sales price have on the break-even point? Please explain.

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