Question: LEARNING ACTIVITIES Answer the following briefly: Distinguish between quantitative and qualitative factors in decision making. Are variable costs always irrelevant? Explain. AB Company is considering

LEARNING ACTIVITIES

Answer the following briefly:

  1. Distinguish between quantitative and qualitative factors in decision making.
  2. Are variable costs always irrelevant? Explain.
  3. AB Company is considering dropping one of its product lines. What costs of the product line would be relevant to this decision? Irrelevant?
  4. "If a product line is generating a loss, then it should be discontinued." Do you agree? Explain.

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