To qualify as a small business the maximum number of employees that a wholesaler can employ is:

a. 1000
b. 200
c. 500
d. 800
e. 175


c. 500

Business

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Indicate whether the statement is true or false

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When allocating service department costs, companies should use:

A. budgeted costs rather than actual costs, and a rate that combines variable and fixed costs. B. budgeted costs rather than actual costs, and separate rates for variable and fixed costs. C. actual costs rather than budgeted costs, and a rate that combines variable and fixed costs. D. actual costs rather than budgeted costs, and separate rates for variable and fixed costs. E. a rate that is based on matrix theory.

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Which of the following strategies can a company use to decrease its breakeven point?

A. Hiring more employees B. Raising prices C. Increasing variable costs D. Increasing fixed costs

Business