An extranet is a private intranet extended to authorized users outside the organization

Which of the following are assumptions of the break-even model?

I. Only one product is involved.
II. Everything that is produced can be sold.
III. The revenue per unit will be the same regardless of volume.

A. I only
B. I and II only
C. II only
D. II and III only
E. I, II and III

Venlite, Inc produces and sells cosmetic products

Currently, the company is operating at 70% of its capacity. The sales price of its product is $30 per unit, and it incurs a full cost of $25 to produce each unit. Its yearly fixed manufacturing overhead amounts to $20,000. The company has received a one-time order for supplying 5,000 units at $26 per unit. This order can be executed within the excess production capacity and will not involve any additional costs. To make this decision, the management of Venlite should use ________. A) absorption costing as the decision is long-term in nature B) variable costing as the decision is short-term in nature C) absorption costing as the decision is short-term in nature D) variable costing as the decision is long-term in nature