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ACC 568 Final Exam Guide Part 1
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ACC 568 Final Exam Guide Part 1
Question 1
Which of the following is not an assumption of the linear
breakeven model:
Question 2
George Webb Restaurant collects on the average $5 per customer
at its breakfast & lunch diner. Its variable cost per customer
averages $3, and its annual fixed cost is $40,000. If George Webb
wants to make a profit of $20,000 per year at the diner, it will
have to serve__________ customers per year.
Question 3
In the linear breakeven model, the breakeven sales volume (in
dollars) can be found by multiplying the breakeven sales volume
(in units) by:
Question 4
In the linear breakeven model, the difference between selling
price per unit and variable cost per unit is referred to as:
Question 5