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Cost Behavior: Analysis and Use Chapter 3 * © The McGraw-Hill Companies, Inc., 2003 McGraw-Hill/Irwin Recall the summary of our cost behavior discussion from Chapter 2.…

Documents The Activity Base A measure of what causes the incurrence of a variable cost. Units produced Miles.....

The Activity Base A measure of what causes the incurrence of a variable cost. 5-* Minutes Talked Total Long Distance Telephone Bill True Variable Cost Example A variable…