When a mixed cost is graphed the slope of the line equals:
The total fixed cost.
The variable cost per unit of the activity driver.
The sales price per unit.
The total variable cost.
Answer
--Correct Answer = Option #4: The Mixed cost slope of the line will be equal to the slope of "Total Variable cost".
--This is because, the fixed element of the Mixed cost will remain same, while the Variable cost element changes with the change in the volume like all the other variable costs.
When a mixed cost is graphed the slope of the line equals: The total fixed cost....
-Identify the following costs: x Fixed Cost x Variable Cost x Mixed Cost -Explain the behavior of a fixed cost, in total and per unit, when the activity level changes. -Explain the behavior of a variable cost, in total and per unit, when the activity level changes.
Place an X under product, variable, fixed, and mixed costs when
appropriate.
If a cost is a period cost, indicate if it is Selling with S or
Administrative with A. Under Per Unit Variable cost and Total Fixed
Cost, place the corresponding dollar amount.
We were unable to transcribe this imageSales Levels Cost Type Cost Type Amounts Per Unit Variable Cost Total Fixed Cost Product Cost Period Cost Variable Fixed Mixed $ $ $ S Is Operating Cost Items Dough...
Moving to another question will save this response. Question 1 When a mixed cost is graphed the Y-intercept corresponds to the step cost. price of the units sold. fixed cost. variable rate. -> Moving to another question will save this response. OSC Question 2 Which of the following would be found on the balance sheet of a manufacturer?! work in process raw materials finished goods All of the these are correct Status: The following 6 months of data were collected...
What happens to total variable cost, variable cost per unit, total fixed cost, and fixed cost per unit when activity level increases AND decreases?
TB MC Qu.5-33 (Static) A mixed cost: A mixed cost Multiple Choice is fixed over a wider range of activity than a step cost. is a fixed cost over the relevant range and a variable cost everywhere else. contains both fixed and variable components. always increases on a per unit basis.
Calculator In a cost-volume-profit graph, the total revenue line rises with a slope equal to Oa. the variable cost per unit. Ob. the selling price. Oc. the contribution margin. Od. None of these choices are correct.
When managers graph a linear cost function with one cost driver, the intercept represents the ________ cost and the slope represents the ________ cost. a. fixed; variable b. variable; fixed c. fixed; mixed d. variable; mixed
Contribution margin Contribution margin income statement Contribution margin ratio Fixed cost Full absorption costing Linearity assumption Mixed cost Relevant range Scattergraph Step-variable cost Unit contribution margin Variable cost Variable costing None of these are correct Match each definition with its related term by selecting the appropriate term in the dropdown provided. (Select "None of these are correct" if there is no term for the "Definition".) Term Definition A. The way in which total cost behaves or changes, when some measure...
the
drop down list has
contribution margin
contribution margin income statement
contribution margin ratio
fixed cost
full absorption costing
linearity assumption
mixed cost
relevent range
scattergraph
step variable cost
unit contribution margin
variable cost
variable costing
none of these is correct
some terms may repeat
Check my work Match each definition with its related term by selecting the appropriate term in the dropdown provided. (Select "None of these are correct" if there is no term for the "Definition".) 0.3 points...
A) Further analysis of McCartney Manufacturing’s fixed costs revealed that the company actually faces annual fixed overhead costs of $9,800 and annual fixed selling and administrative costs of $4,200. Variable cost estimates are correct: direct materials cost, $2.40 per unit; direct labor costs, $3.00 per unit; and variable overhead costs, $0.60 per unit. At this time, the selling price of $20 will not change. Complete the following formulas for the revised fixed costs. Enter the ratio as a percentage. Contribution...