quiz Chapter 21 & 22

quiz Chapter 21 & 22 - Review Assessment: Quiz #7...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Review Assessment: Quiz #7 Chap 21 & 22 Questio n 1 1 out of 1 points The budget which provides data on the quantities of direct materials purchases necessary to meet production needs is the: Selected Answer: Questio n 2 1 out of 1 points A series of budgeted amounts for varying levels of activity is called a: Selected Answer: Questio n 3 1 out of 1 points In cost-volume-profit analysis, variable costs are costs that: Selected Answer: Questio n 4 1 out of 1 points Which of the following statements describes fixed costs? Selected Answer: Questio n 5 1 out of 1 points If the contribution margin is $16 and fixed costs are $400,000, what is the break-even point in units? Selected Answer:
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Questio n 6 1 out of 1 points What term is used to describe a cost which has characteristics of both a variable and fixed cost? Selected Answer: Questio n 7 1 out of 1 points This budget summarizes future plans for the acquisition of plant facilities and equipment. Selected Answer:
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 10/25/2010 for the course ACT 2292 taught by Professor Dr.eddyj.burks during the Fall '10 term at Troy.

Page1 / 4

quiz Chapter 21 & 22 - Review Assessment: Quiz #7...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online