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Moonwalker's CVP income statement included sales of 4,000 units, a selling price of $100, variable expenses of $60 per unit, and fixed expenses of $88,000.

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Moonwalker's CVP income statement included sales of 4,000 units, a selling price of $100, variable expenses of $60 per unit, and fixed expenses of $88,000. Net income is a. $400,000. b. $160,000. c. $152,000. d. $72,000. A major accounting contribution to the managerial decision-making process in evaluating possible courses of action is to a. assign responsibility for the decision. b. provide relevant revenue and cost data about each course of action. c. determine the amount of money that should be spent on a project. d. decide which actions that management should consider. Which of the following stages of the management decision-making process is improperly sequenced? a. Evaluate possible courses of action rightarrow Make decision. b. Assign responsibility for the decision rightarrow Identify the problem. c. Identify the problem rightarrow Determine possible courses of action. d. Assign responsibility for decision rightarrow Determine possible courses of action. Internal reports that review the actual impact of decisions are prepared by a. department heads. b. the controller. c. management accountants. d. factory workers

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