Cost Behavior Challenge

Froggy Jumps

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About this activity

Test cost behavior concepts.

Created by

cikgu aslina

Malaysia

Download the paper version to play

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Froggy Jumps Cost Behavior ChallengeOnline version Test cost behavior concepts. by cikgu aslina 1 What happens to total fixed costs within the relevant range? a Vary with volume b Remain constant c Increase with volume 2 Which cost changes in total with activity level? a Fixed cost b Sunk cost c Total variable cost 3 As output increases, what happens to per-unit variable cost? a Falls b Remains constant c Rises 4 Which describes a mixed cost? a Contains both fixed and variable elements b Purely variable c Purely fixed 5 Which best characterizes step costs? a Vary smoothly with output b Increase continuously with no steps c Remain constant over a range, then jump 6 Total cost that changes in proportion to output is called? a Sunk cost b Fixed cost c Variable cost 7 Within the relevant range, the fixed cost per unit tends to do what as volume grows? a Stay the same b Decrease c Increase 8 Fixed cost per unit behavior when volume rises? a Decreases b Stays constant c Increases 9 Which method can separate mixed costs into fixed and variable components? a High-low method b Marginal costing c Absorption costing 10 What is a step-fixed cost? a Remains fixed within a range and jumps at capacity changes b Fluctuates continuously with volume c Equals variable cost per unit

Froggy Jumps

Cost Behavior ChallengeOnline version

Test cost behavior concepts.

by cikgu aslina

What happens to total fixed costs within the relevant range?

Vary with volume

Remain constant

Increase with volume

Which cost changes in total with activity level?

Fixed cost

Sunk cost

Total variable cost

As output increases, what happens to per-unit variable cost?

Falls

Remains constant

Rises

Which describes a mixed cost?

Contains both fixed and variable elements

Purely variable

Purely fixed

Which best characterizes step costs?

Vary smoothly with output

Increase continuously with no steps

Remain constant over a range, then jump

Total cost that changes in proportion to output is called?

Sunk cost

Fixed cost

Variable cost

Within the relevant range, the fixed cost per unit tends to do what as volume grows?

Stay the same

Decrease

Increase

Fixed cost per unit behavior when volume rises?

Decreases

Stays constant

Increases

Which method can separate mixed costs into fixed and variable components?

High-low method

Marginal costing

Absorption costing

What is a step-fixed cost?

Remains fixed within a range and jumps at capacity changes

Fluctuates continuously with volume

Equals variable cost per unit

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Cost Behavior Challenge

Froggy Jumps

About this activity

Created by

Download the paper version to play

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Cost Behavior ChallengeOnline version

by cikgu aslina

What happens to total fixed costs within the relevant range?

Which cost changes in total with activity level?

As output increases, what happens to per-unit variable cost?

Which describes a mixed cost?

Which best characterizes step costs?

Total cost that changes in proportion to output is called?

Within the relevant range, the fixed cost per unit tends to do what as volume grows?

Fixed cost per unit behavior when volume rises?

Which method can separate mixed costs into fixed and variable components?

What is a step-fixed cost?

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