chapter 19 quiz

chapter 19 quiz - 1 Question 1 True/FalseID 5630686 Correct...

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1 Question 1 - True/FalseID: 5630686 - Correct Question: If a product line has a negative contribution margin, the product line should probably be dropped. True False Question 2 - Multiple ChoiceID: 5630671 - Correct Question: In a special sales order decision, incremental fixed costs incurred because of an additional purchase of equipment are considered to be Relevant to the decision Irrelevant to the decision Opportunity costs Sunk costs Question 3 - Multiple ChoiceID: 5630669 - Correct Question: Which of the following is not important with respect to short-run decision making? Focusing on relevant revenues and costs Using a contribution margin income statement format rather than an absorption costing format Focusing on maximizing the gross profit of each unit sold Focusing on analyzing incremental revenues and costs Question 4 - Multiple ChoiceID: 5630673 - Correct Question: Lowwater Sailmakers manufactures sails for sailboats. The company has the capacity to produce 25,000 sails per year, and is currently producing and selling 20,000 sails per year. The following information relates to current production Sale price per $150
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chapter 19 quiz - 1 Question 1 True/FalseID 5630686 Correct...

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