Use the following C-V-P graph to answer this question.
Line 1 represents:
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Option C is the answer Revenues |
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As the line begins at 0 output and keeps on increasing, and the line intersects with the total cost at point A (which is a break even point) | |
Use the following C-V-P graph to answer this question. Line 1 represents: A) Fixed cost B)...
Use the following C-V-P graph to answer this
question.
Line 3 represents:
A)
Fixed costs
B)
Revenue
C)
Profit
D)
Variable costs
Use the following C-V-P graph to answer this
question.
The breakeven volume is indicated by:
A)
Point B
B)
Point C
C)
Area E
D)
Point A
need this question answer. 1. Prepare a CVP graph showing Total Cost line, Total Fixed Cost line, Total Revenue line, Break-even point, Profit area, and Loss area. 2. Describe the differences between a job-costing system and a process-costing system. Provide 2 examples of each system.
Cost Patterns The following graph depicts cost-volume relationships for Tallmadge Company: Dollars 0 Volume Choose a labeled point or line on the graph that best represents the behavior of each of the following items as operating volume is increased. Answers may be the same for more than one item. Answer each item independently (Select the appropriate point or line by using the drop-down answer box found at the end of each item.) a. Total sales revenue. b. Total costs C....
help. agricultural economic
2. Use the following graph to answer the following questions: P/ MC ATC /AVC MR 20 2528 50 a. What price is charged by the monopol order to maximize profits? b. Calculate the total revenue accruing to the mo- nopolist at the profit-maximizing output. C. Calculate the total cost to the monopolist at the profit-maximizing output. d. Calculate the profit for the monopolist. e. Calculate the total variable and fixed costs of the monopolist at the profit-maximizing...
please
answer all 4 multiple choice questions
In a cost-volume-profit graph, the total cost line meets the Y (vertical) axis at the: a. variable cost per unit point. b. total sales revenues point. c. total fixed costs point. d. total mixed costs point. Which of the following equations is used to calculate the degree of operating leverage? a. Degree of Operating Leverage = Operating Income / Total Contribution Margin b. Degree of Operating Leverage = Total Fixed Cost / Operating...
Consider the following cost volume profit graph 5150,000 120,000 90,000 (B) 60,000 30,000 (C) 0 The line designated by the letter (A) represents which of the following? Multiple Choice Total revenue Total cost Total fixed cost None of these is correct
Compute the total of variable cost per unit and total fixed
cost.
Variable Cost per unit Fixed Costs: Utility $12,400 3.00 Utility 10.50 Rent Direct Materials 36,000 14,000 $ 62,400 Direct Labor 4.50 Depreciation Total 18.00 Total USC has determined that the cost line for Utility Cost is 3x 12,400 y Prepare a C-V-P graph for USC. Use zero units and 7,000 units. Compute sales and total cost at those points Units 7,000 0 Sales Total Cost Include your graph...
68. Data extracted from the accounting information system of Turner Corporation produced the following graph. The equation of the dashed line is y $25x; the equation of the solid line is y $200 $5x. 600 $500 400 $300 200 $100 The solid line represents: a) Total variable costs b) Total fixed costs c) Total costs d) Total revenues Answer: C Difficulty: Easy Learning Objective: Apply CVP calculations for a single CPA: Management Accounting 69. Data extracted from the accounting information...
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