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| Option B | |
| One of the assumptions of cost volume profit analysis is that selling price per unit and variable cost per unit doesn't change. But the fixed cost as a whole doesn't change. Fixed cost per unit does change with output |
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Which of the following is an assumption that is NOT made in most cost-volume-profit calculations? Multiple...
Which of the following is an assumption underlying standard CVP analysis? Multiple Choice The price of...
Which of the following is an assumption underlying standard CVP analysis? Multiple Choice The price of a product or service is expected to change as volume changes. 0 Fixed expenses will change as volume increases. In multiproduct companies, the sales mix is constant. С C In manufacturing companies, inventories always change. If sales volume increases and all other factors remain constant, then the: Multiple Choice net operating income will decrease. O margin of safety will increase. contribution margin ratio will...
mo 1. Which two terms below desch w terms below describe the warmid to security guards...
mo 1. Which two terms below desch w terms below describe the warmid to security guards that monitor a factory 24 hours a day i de A. variable cost and direct cost B fixed cost and direct cos Variable cost and indirect cost Dfixed cost and indirect cost 2. Which of the following is an assumption that is NOT made in most cost-volume-profit calculations A. Selling price, Variable expense per unit, and fixed expense per unit do not change throughout...
Which one of the following is not an assumption of cost-volume-profit analysis? The behavior of costs...
Which one of the following is not an assumption of cost-volume-profit analysis? The behavior of costs is linear throughout the relevant range. All costs can be classified as either variable or fixed. Changes in activity and sales mix are the only factors that affect costs. O All units produced are sold.
Which of the following is not an assumption made when performing cost-volume-profit analysis? a) Worker efficiency...
Which of the following is not an assumption made when performing cost-volume-profit analysis? a) Worker efficiency is held constant. b) Number of units produced is greater than the number of units sold. c) The company produces within the relevant range of activity. d) There is a linear relationship between cost and volume for both fixed and variable cost.
which of the following is not an assumption of cost-volume-profit (CVP) analysis? a) The number of...
which of the following is not an assumption of cost-volume-profit (CVP) analysis? a) The number of units sold is the only revenue driver and the only cost driver. b) Total costs can be separated into two components. c) When represented graphically, the behaviors of total revenues and total cost are linear. d) Selling price, variable cost per unit, and total fixed costs are known and constant. e) The total costs are never separate into components in this analysis.
________ is an underlying assumption of cost-volume-profit analysis. A : All costs can be classified as...
________ is an underlying assumption of cost-volume-profit analysis. A : All costs can be classified as either variable or fixed with reasonable accuracy B : Changes in activity and other factors affect costs C : The behavior of both costs and revenues is curvilinear throughout the entire range of the activity index D : All units produced are either sold or in ending inventory
Which of the following statements about cost-volume-profit analysis is true? To increase the contribution margin ratio,...
Which of the following statements about cost-volume-profit analysis is true? To increase the contribution margin ratio, a manager should decrease fixed cost. The contribution margin ratio represents the percentage of sales revenue available to contribute towards covering variable and fixed costs. At the breakeven point, total sales revenue equals total costs. If a company expands operations outside of its relevant range, variable cost per unit could change, but total fixed costs will always stay constant.
Which of the following statements about cost-volume-profit analysis is true? To increase the contribution margin ratio,...
Which of the following statements about cost-volume-profit analysis is true? To increase the contribution margin ratio, a manager should decrease fixed cost The contribution margin ratio represents the percentage of sales revenue available to contribute towards covering variable and fixed costs If a company expands operations outside of its relevant range, variable cost per unit could change, but total fixed costs will always stay constant ОО At the breakeven point total sales revenue equals total costs
QUESTION 20 A basic assumption of the cost-volume-profit model is that: Cost drivers can be organized...
QUESTION 20 A basic assumption of the cost-volume-profit model is that: Cost drivers can be organized into unit-level, batch-level, product-level and facility level factors Higher volumes of product require lower prices The mix of products changes over time All costs can be accurately classified as either fixed or variable
Pedregon Corporation has provided the following information: Cost per Period Cost per Unit $6.95 $3.50 $1.75...
Pedregon Corporation has provided the following information: Cost per Period Cost per Unit $6.95 $3.50 $1.75 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $19,800 $0.40 $0.50 $ 7,700 If 4,500 units are sold, the total variable cost is closest to: Multiple Choice O $72,900 O $80,550 O $58.950 O $54.900 Dake Corporation's relevant range of activity is 3.100 units to 6.500 units. When it produces and sells...
Which of the following is an assumption underlying standard CVP analysis? Multiple Choice The price of a product or service is expected to change as volume changes. 0 Fixed expenses will change as volume increases. In multiproduct companies, the sales mix is constant. С C In manufacturing companies, inventories always change. If sales volume increases and all other factors remain constant, then the: Multiple Choice net operating income will decrease. O margin of safety will increase. contribution margin ratio will...
mo 1. Which two terms below desch w terms below describe the warmid to security guards that monitor a factory 24 hours a day i de A. variable cost and direct cost B fixed cost and direct cos Variable cost and indirect cost Dfixed cost and indirect cost 2. Which of the following is an assumption that is NOT made in most cost-volume-profit calculations A. Selling price, Variable expense per unit, and fixed expense per unit do not change throughout...
Which one of the following is not an assumption of cost-volume-profit analysis? The behavior of costs is linear throughout the relevant range. All costs can be classified as either variable or fixed. Changes in activity and sales mix are the only factors that affect costs. O All units produced are sold.
Which of the following statements about cost-volume-profit analysis is true? To increase the contribution margin ratio, a manager should decrease fixed cost The contribution margin ratio represents the percentage of sales revenue available to contribute towards covering variable and fixed costs If a company expands operations outside of its relevant range, variable cost per unit could change, but total fixed costs will always stay constant ОО At the breakeven point total sales revenue equals total costs
QUESTION 20 A basic assumption of the cost-volume-profit model is that: Cost drivers can be organized into unit-level, batch-level, product-level and facility level factors Higher volumes of product require lower prices The mix of products changes over time All costs can be accurately classified as either fixed or variable
Pedregon Corporation has provided the following information: Cost per Period Cost per Unit $6.95 $3.50 $1.75 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $19,800 $0.40 $0.50 $ 7,700 If 4,500 units are sold, the total variable cost is closest to: Multiple Choice O $72,900 O $80,550 O $58.950 O $54.900 Dake Corporation's relevant range of activity is 3.100 units to 6.500 units. When it produces and sells...
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