The payback period analysis fuils to comsider the cash flews over the snse ife a investment True r False 10 Non financial considerations are not secounted for in s pital brudgsting decisions r True False n cost-volume profit analysis, income tax expense 11 Is ineluded among the monthly operating expenses as a variable cost r Is considered a fixed cost of doing business r Is treated as a semi-variable cost that is partially dependent upon sales volume r Is generally ignoree 12. i In order to calculate break-even sales units, fixed costs are divided by the Contribution margin per unit Contribution margin percentage Target operating income r Sales volume The break-even point in a cost-volume-profit graph is always found 13. At 50% of full capacity At the sales volume resulting in the lowest average unit cost At the volume at which total revenue equals total variable costs At the volume at which total revenue equals total fixed costs plus total variable costs 14. A cost that has already been incurred and cannot be changed is called aln) Opportunity cont Out-of pocket cost. r r Joint cost. Sunk cost