80.2K
Verified Solution
Link Copied!
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.
Answer & Explanation
Solved by verified expert
