7. Which costs that you should be considered and included in your analysis when deciding on a future c of action: a) Relevant cost b) Irrelevant cost c) Actual cost d) Standard cost 8. An increase in fixed cost results is: a) Increase in margin of safety. Increase in P/V Ratio. b) c) Increase in Break-even point. d) Increase in contribution. 9. Average cost is usually known as: a) Variable cost b) Mix cost c) Unit cost d) Relevant cost 10. Which of the following is not an assumption of Break-even analysis: a) Total fixed cost. b) Total variable cost. c) Sale price per unit d) Variable cost per unit