1. Which one of the following CANNOT be considered a variable expense, when determining volume and cost estimates for a break-even analysis? 2. The demand for the products sold at PC Mania, is of such a nature that it decreases the moment when the prices of computers and equipment increase. The dem...
, Started on Thursday, 4 April 2024, 1:51 PM
State Finished
Completed on Thursday, 4 April 2024, 2:13 PM
Time taken 22 mins 12 secs
Grade 16.00 out of 20.00 (80%)
Question 1
Complete
Mark 0.00 out of 1.00
Flag question
Question text
Which one of the following CANNOT be considered a variable expense, when determining volume
and cost estimates for a break-even analysis?
a.
Cost of goods sold
b.
Salaries
c.
Overtime wages
d.
Sales commissions
Question 2
Complete
Mark 0.00 out of 1.00
Flag question
Question text
The demand for the products sold at PC Mania, is of such a nature that it decreases the moment when
the prices of computers and equipment increase. The demand for the product in this situation can be
described as being __________.
a.
elastic
b.
inelastic
c.
stable
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller FENDTUTORIALS. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £2.26. You're not tied to anything after your purchase.