QUESTION 1 Match each operating cost with either fixed cost (if the description indicates it's fixed) or variable cost (if the description indicates it's variable) A. Variable cost B. Fixed cost Parts or materials used in each unit of the product insurance premiums on the company headquarters. An instant rebate offered to newc The salaries of the firm's accountants (who are all full-time employees) QUESTION 2 While financial and cash flow breakeven measures must account for taxes, accounting breakeven does not. Why? A firm with no profit or loss doesn't owe taxes or receive tax credits. Financial and cash flow breakeven measures are wrong Breakeven analysis isn't concerned with taxes. Accounting breakeven is wrong QUESTION 3 True or false, a firm that invests in lots of fixed assets instead of labor is likely to have high "venture leverage". True False QUESTION 4 The difference between EBITDA and EBDAT is how taxes are calculated whic one is not a measure of cash flow, while the other is whether interest expense is accounted for h revenues are included QUESTION 5 If revenue is 1355 and variables costs are 276, what is the contribution margin