ACCT 221 help A Guide to career/Snaptutorial ACCT 221 help A Guide to career/Snaptutorial | Page 7

The operating budget
The capital expenditures budget
None of the above
Question 18
The Best buy company had the following revenue over the past three
years:
2007 $300,000
2008 $350,000
2009 $450,000
To forecast revenues for 2010, Best Buy Company uses the average
for the past three years. The company’s breakeven revenue is
$400,000 per year. What is Best buy predicted margin of safety for
2010
$400,000
$0
$100,000
$50,000
Question 19
If a company increases its selling price per unit for Product A, the
new breakeven point will
Remain the same
Decrease
Increase
None of the above
Question 20
Straight-line depreciation on a company truck is a
Variable cost.
Fixed cost
Mixed cost
High-low cost
PART 2
Question 1