Which of the following is not an input control?
a. Range check
b. Limit check
c. Spooling check
d. Validity check
e. They are all input controls
C
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An umbrella manufacturing company's fixed costs are $275,000. The variable cost per unit is $5 and each umbrella is sold at $10. How many units should the firm sell in order to break even?
A) 1,819 B) 5,500 C) 18,000 D) 27,500 E) 55,000
When a company calculates its product unit cost using estimated costs, it is using which cost measurement method?
a. Standard costing b. Actual costing c. Full costing d. Normal costing
The breakeven point is the point at which
a. fixed costs equal variable costs. b. contribution margin equals fixed costs. c. sales equal variable costs. d. fixed costs equal sales.
Practical capacity is that capacity that could be achieved during regular working hours; allowing for downtime and holidays
Indicate whether the statement is true or false