@41%. ). + 10:09 PM ccsnh.blackboard.com .11 Sprint 4) In the preparation of the schedule of Cost of Goods Manufactured, the accountant incorrectly included as part of manufacturing overhead the rental expense on the firm's retail facilities. This inclusion would: a. overstate period expenses on the income statement. b. overstate the cost of goods sold on the income c. understate the cost of goods manufactured. d. have no effect on the cost of goods manufactured. 5) In CVP analysis, focusing on target net income rather than operating income: a increase the breakeven point b. decrease the breakeven point c. l not change the breakeven point d. does not allow calculation of breakeven point 6) A variable cost is constant if expressed on a per unit basis but the total dollar amount changes as the number of units increases or decreases. a. True b. False 7) As activity increases within the relevant range, fixed costs remain constant on a per unit basis. a. True b. False 8) Which of the following statements is correct with regard to a CVP graph? a. A CVP graph shows the maximum possible profit. b. A CVP graph shows the break-even point as the intersection of the total sales revenue line and the total expense line. direct proportion to unit sales. between total sales revenue and total expense at the c. A CVP graph assumes that total expense varies in d. A CVP graph shows the operating leverage as the gap actual level of sales