25) Variable costs vary in total and vary per unit (within the relevant range).

True False

26) On a CVP graph for a profitable company, the total revenue (sales) line will be steeper than the line

representing total costs (variable costs and fixed costs).

True

False

28. Depreciation expense on an office copier used by the CEO in the administrative building is a product cost

and a noncash expense.

True

False

29. One disadvantage of top down budgeting is budgetary slack.

True False