Answer
Cost behavior refers to how a cost will react or respond to changes in the level of activity.
Work Step by Step
Cost behavior can be defined as how sensitive are costs to changes in production or sales volume.
Managerial Accounting (15th Edition)
by Garrison, Ray; Noreen, Eric, Brewer, Peter
Published by
McGraw-Hill Education
ISBN 10:
007802563X
ISBN 13:
978-0-07802-563-1
Chapter 2 - Managerial Accounting and Cost Concepts - Questions - Page 51: 2-9
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