Question:1

True of False: Variable costs change in a straight line fashion with production levels and DO NOT encounter relevant range implications

True

False

Question: 2

True of false: Understanding "fixed versus variable" costs relates to costing "accuracy", while understanding "direct versus indirect" costs relates to how costs behave.

True

False

Question:3

Your company manufactures customized "smart phone cases" in a building that it rents for $12,000 per year, and is currently quite profitable! The building has lots of extra space to accommodate future products

You are thinking of adding a new product line called "X", which you feel you can sell for $100 per unit. Variable material and labour for "X" are estimated at $65 per unit. In addition, you feel you'll need to hire a Product Manager to promote the "X" product line at an estimated annual cost of $72,000. Your company's tax rate is 35%.

How many units must you sell per month to make a monthly net income of $10,000

from the sale of "X"

458

640

611

2840

Question:4

Management accountants should produce reports for front-line managers that emphasize the key operating parameters a manager should focus on in an easily understandable & timely format". This statement is an example of the "Accounting Guideline" known as

Cost-Benefit Approach

Different Costs for Different Purposes

Behavioural & Technical Considerations

None of the listed answers are correct.

please reply as soon as possible