Which of the following would most likely be evaluated using residual income?

cost center

profit center

revenue center

investment center

If a company wishes to be a price-taker, which of the following strategies should they take?

enter a competitive market and focus on cost cutting

produce a unique product

exploit the value of a fashionable brand name

differentiate the product clearly from the competitors

A favorable sales volume variance in sales revenue suggests a(n):

		increase in price.
		increase in number of actual units sold when compared to the expected number of units sold.
		increase in variable expenses per unit.
		decrease in fixed costs.