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Which cost estimation is the process of

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Reference no: EM132771701

Problem 1: As volume increases

a. Total fixed costs remain constant and per-unit fixed costs increase

b. Total fixed costs remain constant and per-unt fixed costs decrease

c. Total fixed costs remain constant and per-unit fixed costs remain constant

d. Total fixed costs increase and per-unit fixed costs increase

Problem 2: Cost estimation is the process of

a. Estimating the relationship between costs and cost drivers that cause those costs

b. Documenting costs in terms of direct and indirect costs

c. Summarizing past costs into fixed and variable components

d. All of the given choices

Reference no: EM132771701

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