A graph of the relationship between the total cost and the activity level is called a
A)relevant range.
B)scattergraph.
C)contribution margin graph.
D)dependent variable.

Question

Quizplus · Accepted Answer

A graph of the relationship between total cost and activity level is called a scattergraph. A relevant range is a specific range of activity levels where a particular cost relationship holds true. Contribution margin graph shows the contribution margin of each unit against sales volume. Dependent variable refers to the variable that is affected by changes in another variable.

A Graph of the Relationship Between the Total Cost and the Activity