Four common cost behavior patterns that serve as the foundation for cost-volume-profit analysis are
A)variable cost, fixed cost, selling cost, and administrative cost.
B)variable cost, fixed cost, mixed cost, and step cost.
C)variable cost, fixed cost, period cost, and other cost.
D)selling cost, administrative cost, cost of goods sold, and depreciation.

Question

Quizplus · Accepted Answer

The four common cost behavior patterns that serve as the foundation for cost-volume-profit analysis are: variable cost, fixed cost, mixed cost, and step cost. Selling cost, administrative cost, cost of goods sold, and depreciation are not among the cost behavior patterns used for CVP analysis.

Four Common Cost Behavior Patterns That Serve as the Foundation