ACC 568 Final Exam Guide Part 1 For more course tutorials visit www . uophelp . com
ACC 568 Final Exam Guide Part 1 For more course tutorials visit www . uophelp . com
ACC 568 Final Exam Guide Part 1 Question 1 Which of the following is not an assumption of the linear breakeven model : Question 2 George Webb Restaurant collects on the average $ 5 per customer at its breakfast & lunch diner . Its variable cost per customer averages $ 3 , and its annual fixed cost is $ 40,000 . If George Webb wants to make a profit of $ 20,000 per year at the diner , it will have to serve __________ customers per year . Question 3 In the linear breakeven model , the breakeven sales volume ( in dollars ) can be found by multiplying the breakeven sales volume ( in units ) by : Question 4 In the linear breakeven model , the difference between selling price per unit and variable cost per unit is referred to as : Question 5 In a study of banking by asset size over time , we can find which asset sizes are tending to become more prominent . The size that is becoming more predominant is presumed to be least cost . This is called : Question 6 Theoretically , in a long-run cost function : Question 7 The price for used cars is well below the price of new cars of the same general quality . This is an example of : Question 8 Experience goods are products or services Question 9