1. The accountant for Jones Corp is calculating the break-even point in a multi-product environment. Which of the following pieces of information would not be relevant in the calculation?

	a.	Contribution margin per unit for each type of product
	b.	Fixed costs per unit
	c.	Total fixed costs
	d.	Each product's percentage of total sales

2. Holms Company is a lean production and just-in-time (JIT) manufacturer. Which is increased for this company because of its manufacturing practices??

	a.	Product defects
	b.	Reliance on a select number of suppliers
	c.	Production time
	d.	Inventory levels

3. Which of the following statements is true regarding the identification of activities in an ABC system?

	a.	As a business becomes more complex, fewer activities need to be identified.
	b.	All manufacturing companies have identical types of activities.
	c.	All merchandising companies have identical types of activities.
	d.	Two different businesses which have the same type of activities can still choose different cost drivers.