Homework Answers
Answer : C = Step Cost.
In Step Cost total cost will constant for certain range of volume and increase again and will constant for certain volume.
Examples :
1.For certain volume 1 staff is enough if increase in volume there should be increase of staff i,e increase in fixed cost of salary
2. For certain volume some floor space is enough if increase in volume there should be increase of floor space i,e increase in fixed cost of rent.
In step cost we can observed that increase in the volume there will be addition fixed cost.
So the graph will be in the form of Step
Add Answer to:
Which type of cost behavior is indicated by the following graph? Total Cost Volume O A....
you are given the following cost and volume information: Volume total cost (in units) (in $)...
you are given the following cost and volume information: Volume total cost (in units) (in $) 200 $1,000 400 $2,000 600 $3,000 Which type of cost is given A. variable B. Fixed C. Step D. Mixed
Cost Patterns The following graph depicts cost-volume relationships for Tallmadge Company: Dollars 0 Volume Choose a...
Cost Patterns The following graph depicts cost-volume relationships for Tallmadge Company: Dollars 0 Volume Choose a labeled point or line on the graph that best represents the behavior of each of the following items as operating volume is increased. Answers may be the same for more than one item. Answer each item independently (Select the appropriate point or line by using the drop-down answer box found at the end of each item.) a. Total sales revenue. b. Total costs C....
Match each of the following graphs to the correct cost behavior. Total Cost ($) Total Cost...
Match each of the following graphs to the correct cost behavior. Total Cost ($) Total Cost ($) Cost/Unit Activity Activity Activity Total Cost ($) Cost/Unit Activity Activity Graph a Graph b Graphc Graph d Graphe Cost Behavior Total fixed cost Total variable cost Variable cost per unit Total variable cost Fixed cost per unit
Cost A Cost B Cost C Total Costs 60,000 units $75,000 $120,000 $65.000 $260,000 90.000 units...
Cost A Cost B Cost C Total Costs 60,000 units $75,000 $120,000 $65.000 $260,000 90.000 units $75,000 $180,000 $80,000 $335,000 Cost A is a cost 100 Desc O A. sunk O B. mixed O C. fixed atured Si OD. variable costs per ange Click to select your answer. 654 PN 11/520 A 0 RS2 Delete Insert Prisc Pelicans Ice is a snow cone stand near the local park To plan for the future, Pelicans Ioe wants to determine its cost...
The following diagram is a cost-volume-profit graph for a manufacturing company: 4 o The formula to...
The following diagram is a cost-volume-profit graph for a manufacturing company: 4 o The formula to determine the Y-axis value ($) at point D on the graph is Oa. Fixed costs/Unit contribution margin. Ob. Fixed costs/Contribution margin ratio. Oc. Fixed costs + (Variable costs per unit x Number of units). Od. EXY - BEX.
12. The graph shown below best describes which of the following cost patterns? the cost of...
12. The graph shown below best describes which of the following cost patterns? the cost of fuel for a fleet of trucks the cost of water for the local golf course a. b. the cost of computer time for an insurance company where there is a charge of $500 per period plus $.10 per minute of connect time the cost of a typing service where the charge is $1.00 per page up to 100 pages then $.30 per page for...
Question 11: The following table represents cost and volume information for Company B: Volume Cost per...
Question 11: The following table represents cost and volume information for Company B: Volume Cost per unit (in units) (in $) 500 $6 1,000 3 1,500 2 The above data represent a Select one: O a. None of these O b. Variable cost O c. Fixed cost O d. Mixed cost Select the correct statement regarding fixed costs. 1. The fixed cost per unit does not change when volume decreases. 2. The fixed cost per unit decreases when volume increases....
please answer all 4 multiple choice questions In a cost-volume-profit graph, the total cost line meets...
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...
2. 3. 4. 5. Costs Costs Costs Costs Costs Volume Volume Volume Volume Volume Required: (1)...
2. 3. 4. 5. Costs Costs Costs Costs Costs Volume Volume Volume Volume Volume Required: (1) Identify whether the cost behavior in each graph is mixed, step-wise, fixed, variable, or curvilinear. (2) Identify the graph (by number) that best illustrates each cost behavior: Complete this question by entering your answers in the tabs below. Required 1 Required 2 Identify whether the cost behavior in each graph is mixed, step-wise, fixed, variable, or curvilinear. Graph #1 Graph #7 Required 1 Required...
Classifying Cost Behavior For each of the following situations, select the most appropriate cost behavior pattern...
Classifying Cost Behavior For each of the following situations, select the most appropriate cost behavior pattern (from the illustrations shown below where the lines represent the cost behavior patter, the vertical axis represents costs, the horizontal axis represents total volume, and the dots represent actual costs. Each pattern may be used more than once. CZ wedding 01) (9) (10) (11) (12) a. Variable costs per unit (8) b. Total fixed costs (8) c. Total mixed costs (11) d. Average fixed...
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....
Match each of the following graphs to the correct cost behavior. Total Cost ($) Total Cost ($) Cost/Unit Activity Activity Activity Total Cost ($) Cost/Unit Activity Activity Graph a Graph b Graphc Graph d Graphe Cost Behavior Total fixed cost Total variable cost Variable cost per unit Total variable cost Fixed cost per unit
Cost A Cost B Cost C Total Costs 60,000 units $75,000 $120,000 $65.000 $260,000 90.000 units $75,000 $180,000 $80,000 $335,000 Cost A is a cost 100 Desc O A. sunk O B. mixed O C. fixed atured Si OD. variable costs per ange Click to select your answer. 654 PN 11/520 A 0 RS2 Delete Insert Prisc Pelicans Ice is a snow cone stand near the local park To plan for the future, Pelicans Ioe wants to determine its cost...
The following diagram is a cost-volume-profit graph for a manufacturing company: 4 o The formula to determine the Y-axis value ($) at point D on the graph is Oa. Fixed costs/Unit contribution margin. Ob. Fixed costs/Contribution margin ratio. Oc. Fixed costs + (Variable costs per unit x Number of units). Od. EXY - BEX.
12. The graph shown below best describes which of the following cost patterns? the cost of fuel for a fleet of trucks the cost of water for the local golf course a. b. the cost of computer time for an insurance company where there is a charge of $500 per period plus $.10 per minute of connect time the cost of a typing service where the charge is $1.00 per page up to 100 pages then $.30 per page for...
Question 11: The following table represents cost and volume information for Company B: Volume Cost per unit (in units) (in $) 500 $6 1,000 3 1,500 2 The above data represent a Select one: O a. None of these O b. Variable cost O c. Fixed cost O d. Mixed cost Select the correct statement regarding fixed costs. 1. The fixed cost per unit does not change when volume decreases. 2. The fixed cost per unit decreases when volume increases....
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...
2. 3. 4. 5. Costs Costs Costs Costs Costs Volume Volume Volume Volume Volume Required: (1) Identify whether the cost behavior in each graph is mixed, step-wise, fixed, variable, or curvilinear. (2) Identify the graph (by number) that best illustrates each cost behavior: Complete this question by entering your answers in the tabs below. Required 1 Required 2 Identify whether the cost behavior in each graph is mixed, step-wise, fixed, variable, or curvilinear. Graph #1 Graph #7 Required 1 Required...
Classifying Cost Behavior For each of the following situations, select the most appropriate cost behavior pattern (from the illustrations shown below where the lines represent the cost behavior patter, the vertical axis represents costs, the horizontal axis represents total volume, and the dots represent actual costs. Each pattern may be used more than once. CZ wedding 01) (9) (10) (11) (12) a. Variable costs per unit (8) b. Total fixed costs (8) c. Total mixed costs (11) d. Average fixed...
Most questions answered within 3 hours.
-
Brian makes $34,100 per year. How much can Brian expect to
contribute to FICA taxes in...
asked 17 minutes ago -
To buy a new house you must borrow $155,000. To do this you take
out a...
asked 32 minutes ago -
Spacely Sprockets is evaluating the construction of a new plant
on land the company purchased for...
asked 1 hour ago -
1. Consider a linear regression model of y on K regressors and
an intercept.
(i) Describe...
asked 1 hour ago -
Enter a balanced equation for the reaction between hydrochloric
acid and sodium sulfite.
Express your answer...
asked 1 hour ago -
Give a regular expression describing the language
{x | x ∈ Σ* and x does not...
asked 1 hour ago -
Masses of 1.0 kg, 2.0 kg, and 3.0 kg are each separately subject
to a net...
asked 1 hour ago -
The mode of philosophical argumentation and thought. How do
philosophers think and write? What is important...
asked 1 hour ago -
At the beginning of the unit, you were asked whether you thought
it was appropriate or...
asked 1 hour ago -
Calculate the grams of carbon in 9.32 x 10+23 molecules of
benzene (C6H6).
asked 1 hour ago -
A 5-year Treasury bond has a 4.95% yield. A 10-year Treasury
bond yields 6.6%, and a...
asked 1 hour ago -
suppose you own a chain of five restaurants in
downtown Vancouver. as the manager, you want...
asked 2 hours ago