1) Beginning work in process was 1,500 units, 3,200 additional units were put into production, and ending work in process was 600 units. How many units were completed?

Select one:

a. 3,800

b. 2,300

c. 4,100

d. 4,700

2) Costs that do not change when the activity base fluctuates are known as:

Select one:

a. Variable costs

b. Discretionary costs

c. Fixed costs

d. Mixed costs

3) Which of the following factors would cause the break-even point to change?

Select one:

a. Increased sales volume

b. Fixed costs increased due to addition of physical plant

c. Total variable costs increased as a function of higher production

d. Total production decreased