quiz 2 - 1. Batterson Corporation leases its corporate...

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1. Batterson Corporation leases its corporate headquarters building. This lease cost is fixed with respect to the company's sales volume. In a recent month in which the sales volume was 28,000 units, the lease cost was $697,200. Reference: 2-30 To the nearest whole cent, what should be the average lease cost per unit at a sales volume of 26,400 units in a month? (Assume that this sales volume is within the relevant range.) Student Response Value Correct Answer Feedback A. $25.66 B. $24.90 C. $23.88 D. $26.41 100% General Feedback: $697,200 26,400 units = $26.41 (rounded) AACSB: Analytic AICPA BB: Critical Thinking AICPA FN: Reporting LO: 5 Level: Easy Score: 5/5 2. Which of the following is correct concerning reactions to INCREASES in activity?
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Student Response Value Correct Answer Feedback A. Item A 0% B. Item B C. Item C D. Item D General Feedback: AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: Reporting LO: 5 Level: Easy Score: 0/5 3. Batterson Corporation leases its corporate headquarters building. This lease cost is fixed with respect to the company's sales volume. In a recent month in which the sales volume was 28,000 units, the lease cost was $697,200.
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This note was uploaded on 08/06/2011 for the course ACCT 2302 taught by Professor Smith,s during the Spring '09 term at HCCS.

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quiz 2 - 1. Batterson Corporation leases its corporate...

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