Examlex

Solved

Rymore Company Would Like to Classify the Following Costs According

question 96

Multiple Choice

Rymore Company would like to classify the following costs according to their cost behaviour:
 July  August  Sales in Units 1,5001,600 Cost A $35,000$36,000 Cost B 16,00016,000 Cost C 67,50072,000\begin{array}{|l|r|r|}\hline & \text { July } & \text { August } \\\hline \text { Sales in Units } & 1,500 & 1,600 \\\hline \text { Cost A } & \$ 35,000 & \$ 36,000 \\\hline \text { Cost B } & 16,000 & 16,000 \\\hline \text { Cost C } & 67,500 & 72,000 \\\hline\end{array}


-Which of the following classifications best describes the behaviour of Cost B?

Recognize the importance of cultural values and diversity in training.
Understand and apply the concept of internal rate of return (IRR) for investment decision-making.
Calculate and interpret the net present value (NPV) of a capital budgeting project, incorporating factors such as cash inflows and outflows, salvage value, and working capital.
Assess the financial attractiveness of an investment based on its ability to increase sales revenues and reduce operating costs.

Definitions:

Related Questions