16. A cost which remains constant per unit at various levels of activity is a
17. Fixed costs are $ 600,000 and the contribution margin per unit is $ 150. What is the break-even point?
18. The break-even point is where
19. When a company assigns the costs of direct materials, direct labor, and both variable and fixed manufacturing overhead to products, that company is using
20. If a division manager’ s compensation is based upon the division’ s net income, the manager may decide to meet the net income targets by increasing production when using
21. An unrealistic budget is more likely to result when it 22. A major element in budgetary control is 23. The purpose of the sales budget report is to
24. The accumulation of accounting data on the basis of the individual manager who has the authority to make day-to-day decisions about activities in an area is called
25. Variance reports are
26. Internal reports that review the actual impact of decisions are prepared by
27. The process of evaluating financial data that change under alternative courses of action is called
28. Seasons Manufacturing manufactures a product with a unit variable cost of $ 100 and a unit sales price of $ 176. Fixed manufacturing costs were $ 480,000 when 10,000 units were produced and sold. The company has a one-time opportunity to sell an additional 1,000 units at $ 140 each in a foreign market which would