ACCT 505 Course Great Wisdom / tutorialrank.com ACCT 505 Course Great Wisdom / tutorialrank.com | Page 17

(TCO B) Which of the following would not affect the break-even
point?
10. Question :
(TCO E) In an income statement prepared using the variable costing
method, variable selling and administrative expenses would
1. Question :
(TCO A) The following data (in thousands of dollars) have been taken
from the accounting records of Larop Corporation for the justcompleted year:
Sales.................................................................................
$910
Purchases of raw materials................................................
$225
Direct labor.......................................................................
$245
Manufacturing overhead....................................................
$265
Administrative expenses....................................................
$150
Selling expenses................................................................
$140