fall2015 quiz1 ch2.pdf - Name ID ACCT2121 Fall2015 Quiz 1(Chapter 2 Circle the letter that corresponds to your choice of best answer 1 If variable

# fall2015 quiz1 ch2.pdf - Name ID ACCT2121 Fall2015 Quiz...

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Name: ______________________________________ ID# _______________ ACCT2121- Fall2015 Quiz 1 (Chapter 2) Circle the letter that corresponds to your choice of best answer. 1.If variable selling expenses increase, then contribution margin (assuming all else constant) must _____. A)decrease B)increase C)need more information D)stayed the same 2.Cost drivers _____. 3.AAA Company has total variable costs of \$150,000 if 10,000 units are produced. The relevant range is 8,000 units to 20,000 units. If 15,000 units are produced, variable costs are: 4.BBB Company has total fixed costs of \$112,500 if 15,000 units are produced. The relevant range is 8,000 units to 30,000 units. If 25,000 units are produced, fixed costs are:

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• Winter '17
• Shihab Albalushi

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