40. Absorption costing uses only variable costs.

True

False

55. Revenue = 2,000, Variable cost = 500, Fixed cost = 800. Find degree of operating leverage (DOL)

1.88

2.50

2.14

0.71

48. Total Sales is $80,000 in a month. 30% of this is on Credit. 60% of the credit sales are collected in the same month and 40% are collected next month. What is the amount collected in this month?

80,000

48,000

24,000

70,400

42. if the quantity of products sold increases, the per unit variable cost also increases.

True

False