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1)All of the following costs are inventoried under absorption costing:direct materials.direct labor.variable manufacturing overhead.fixed manufacturing overhead.1a)The following costs are NOT inventoried under absorption costing:fixed administrative salaries2)The difference between budgeted sales revenue and break-even sales revenue is the:safety margin3)The extent to which an organization uses fixed costs in its cost structure is measured by:operating leverage4)Under variable costing, fixed manufacturing overhead is:expensed immediately when incurred5)Green, Inc., sells a single product for $20. Variable costs are $15 per unit and fixed costs total$100,000. Assuming that fixed costs do notchange, Green's break-even sales revenue would be:$400,0006)The break-even point is that level of activity where:total revenue equals total cost