Zero for a binding constraint.
Question 2. Question : Determination of the optimum short-term
product mix needs to
include an analysis of:
Student Answer:
Fully absorbed costs.
Production constraints.
Sales-mix costs.
Revenue forecasts.
Joint manufacturing costs.
Question 3. Question : All the following are characteristic of
relevant costs except:
Student Answer:
They are generally variable.
They are not committed.
They are different in amount for different options.