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.