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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: