Is the lowest cost amount to order considering all

Assignment Help Accounting Basics

Reference no: EM13614723

1. Required production during a planning period will depend on the:

A)Beginning inventory of products

B)Sales during the period

C)Desired level of ending inventory

D)All of the above

2. The economic order quantity:

A)Determines the reorder point

B)Is the lowest cost amount to order considering all costs?

C)Determines the safety stock

D) All of the above

3. Which of the following is a variable expense?

A)A security deposit

B)A phone bill

C)A sales commission

D) A utility bill

4. Operating expenses can be separated into:

A)Expenses that do not increase with sales

B)Expenses that increase as sales increase

C)Mortgages and lease expenses that increase with sales

D)All the above

Reference no: EM13614723

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