Each of the following are true of relevant information except:

[urbanoutfitters]

Question 1

Direct materials are $600, direct labor is $450, variable overhead costs are $650, and fixed overhead costs are $400. The cost of one unit is ________.
◦ $850
◦ $1,050
◦ $1,700
◦ $2,100

Question 2

Each of the following are  true of relevant information except:
◦ Past costs are helpful when making predictions but not relevant when making decisions
◦ Different alternatives can be compared by examining differences in expected future revenues and expected total future costs
◦ significant past investment amounts are relevant to decision making
◦ Not all future revenues and expenses are relevant

[Ahnyah]

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[urbanoutfitters]

Wow, this really help

[bigcheese9]

Thanks for the timely response, appreciate it