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
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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
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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
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