6 Which of the following represents a proper sequencing in which the budgets below Purchases, Cash, Sales e. Sales, Balance Sheet, Direct Labor d. Sales, Production, Manufacturing Overhead a. Variable cost per unit b. Fixed costs per unit c. Variable and fixed costs per unit d. Selling and administrative costs Breakeven point is defined as the following 18 s total revenues equal total costs a company's total revenues equal total variable costs company's total revenues equal total fixed costy a company's total revenues equal total selling and administrative costs, b. c a d. 19. Which of the following organizations would be most likely to use a job-order costing system the loan department of a bank the check clearing department of a bank a manufacturer of processed cheese food a. b. c. a manufacturer of video cassette tapes d. 20. Relevant costs are a all fixed and variable costs. b. all costs that would be incurred within the relevant range of production. past costs that are expected to be different in the future d. c. anticipated future costs that will differ among various alternatives. 21. Which of the following is the least likely to be a relevant item in deciding whether to replace an old machine? outlay to be made for the new machine b. c. annual savings to be enjoyed on the new machine life of the new machine d. 22 Eichholtz Company uses 10,000 units of a part in its production process. The costs to make a part are: Diresct material, $12; direct labor, $25; variable overhead, $13; and applied fixed overhead, $30. Eichholtz has received a quote of $$S from a potential supplier for this part. If Eichholtz buys the part, 70 percent of the applied fixed overhead would continue. Eichholtz Company would be better off by a. $50,000 to manufacture the part b. $150,000 to buy the part c. $40,000 to buy the part d. $160,000 to manufacture the part. 23. Collins Company uses 12,000 units of a part in its production process. The costs to make a part are: direct material. $15; direct labor, $27; variable overhead, $15; and applied fixed overhead, $32. Eichholtz has received a quote of $60 from a potential supplier for this part. If Collins buys the part, 75 percent of the applied fixed overhead would continue. Collins Company would be better off by S000 cure he pn $348,000 to buy the part b. c. $60,000 to buy the part d. $216,000 to manufacture the part