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13. Lavernes Soda Shop wishes to decrease variable costs. Which of the following options should...

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Question

Accounting

13. Lavernes Soda Shop wishes to decrease variable costs. Which of the following options should she consider?

Select one:

A decrease in advertising costs

A decrease in rent

A decrease in direct labour costs

An increase in equipment rentals

14. The break-even point is that level of activity where

Select one:

total revenue equals variable cost.

total revenue equals fixed cost.

total revenue equals total cost.

total revenue equals product cost.

15. Which of the following accounting system outputs is not needed for cost-volume-profit analysis?

Select one:

Fixed cost per unit

Total fixed costs

Variable costs per unit

Sales price per unit

16. Which of the options below includes both projected cash receipts and cash payments?

Select one:

Budgeted financial statement.

Selling and administrative expense budget.

Cash budget.

None of the given answers.

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