Cost behaviors and characteristics

Assignment Help Accounting Basics

Reference no: EM13761893

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.

Reference no: EM13761893

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