Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Comparing actual sales revenue at 2,000 units to a flexible budget at 2,000 units provides what type of information. a. sales volume variance b.

1. Comparing actual sales revenue at 2,000 units to a flexible budget at 2,000 units provides what type of information.

a. sales volume variance

b. variable cost variance

c. sales revenue price variance

d. contribution margin variance

2. Using differential analysis, if operating income is expected in increase and variable manufacturing cost are expected to increase, what would be the expected change to revenue?

a. increase

b. decrease

c. no change

d. could increase or decrease

3. A central element in an analysis regarding a product discontinuance are changes to variable costs, fixed cost and _______.

a. revenue

b. sunk costs

c. selling and administrative costs

d. manufacturing processes

4. Which method for evaluating capital investment proposals reduces the expected future net cash flows originating from the proposals to their present values?

a. Net present value

b. Average rate of return

c. Cash payback

d. Internal rate of return

5. Which method of evaluating capital investment proposals uses profitability to compute a rate of return?

a. net present value

b. payback

c. internal rate of return

d. accounting rate of return

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Systems Audit Risk Mitigation

Authors: Mr Indulis L Svikis

1st Edition

B084DGQJJ5, 979-8607031909

More Books

Students also viewed these Accounting questions