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which of the following is most likely to be variable
cost
QUESTION 4 Which of the...
QUESTION 3 Sales revenue is $7,000, total variable costs are 55.600, and total foxed costs are...
QUESTION 3 Sales revenue is $7,000, total variable costs are 55.600, and total foxed costs are $1,000. How much sales revenue does a firm need to achieve tarpet profit of $2,500? A $17.500 B. $12.500 C. $5,000 D. Not enough information QUESTION 4 Which of the following is most likely to be a variable cost? A Rent for CEO's office B. Depreciation on production equipment Cost of merchandise D. Factory supervisor's salary QUESTIONS Gamma Company has a selling price of...
Question Completion Status: QUESTION 5 Beta Company provided the following information for June: Beginning inventory of...
Question Completion Status: QUESTION 5 Beta Company provided the following information for June: Beginning inventory of finished goods Beginning inventory of work-in-process Ending inventory of finished goods Direct labor used $5,000 $18,000 $ 3,000 $13,000 $10,000 4,000 $5,500 Raw materials used Manufacturing overhead Cost of goods manufactured (COGM) The company's cost of goods sold (COGS) for June is OA $3,500 B. $2,500 OC.$7,500 D. $42,000 QUESTION 6 Compute cost of ending inventory using the following data: $32,000 Cost of beginning...
QUESTION 24 MONTH January February March April UNITS SOLD TOTAL COSTS 980 $3,500 780 $4,000 1,080...
QUESTION 24 MONTH January February March April UNITS SOLD TOTAL COSTS 980 $3,500 780 $4,000 1,080 $5,500 1,280 $5,000 Estimate variable costs per unit using the information above. Estimate fixed costs using the information above. QUESTION 16 Estimate unit variable costs and fixed costs using the following information. Month Total Costs Sales Volume (units) March $180 April $190 May $260 June $280 O A. Unit VC = $6/FC = $84 OB. Unit VC = $8/FC = $52 C. Unit VC...
Question Completion Status: QUESTION 10 If selling price per unit remains the same, unit variable cost...
Question Completion Status: QUESTION 10 If selling price per unit remains the same, unit variable cost remains the same, sales volume in units remains the same, and total fixed costs increase by $10,000, which of the following predictions is correct? Unit Contribution Margin Break-Even Volume Total Profit ОА Same Increase Decrease Same Decrease Decrease Increase Increase Decrease Decrease Decrease Increase Decrease Increase Decrease QUESTION 11 At sales volume of 600 units, variable costs are 58 per unit, and fixed costs...
Answer these questions below: 1. Which of the following is most likely to be a variable...
Answer these questions below: 1. Which of the following is most likely to be a variable cost A. Depreciation B. Salaries of management C. Direct Materials D. None of these 2. Cost Behavior applies to all types of businesses and entities including non-profit. A. True B. False 3. Selling Price - Variable Cost per Unit A. Fixed Cost Per Unit B. Contribution Margins Per Unit C. Break Even in Units 4. Total Fixed cost/ Contribution Margin per Unit A. Break...
3 (a) Calculate variable cost per unit. Current Designs.xls Data Review View Home Insert Page Layout...
3 (a) Calculate variable cost per unit. Current Designs.xls Data Review View Home Insert Page Layout Formulas Kevlar Kevlar Resin and supplies Finishing kit (seat, rudder, ropes, etc.) Labor Selling and administrative expenses - variable Total variable costs per unit 2 Resin and supplies 3 Finishing kit (seat, rudder, ropes, etc.) 4 Labor 5 Selling and administrative expenses variable 6 Selling and administrative expenses—fixed 7 Manufacturing overhead-fixed $250 per kayak $100 per kayak $170 per kayak $420 per kayak $400...
O Variable costs per unit remain the same regardless of the volume. Question 7 2.5 pts...
O Variable costs per unit remain the same regardless of the volume. Question 7 2.5 pts Which of the following costs are most likely to be classified as variable? Factory rent Manager salaries Insurance Direct materials Straight-line depreciation 2.5 pts Question 8 Which of the following costs are most likely to be classified as fixed? Differential cost Question 6 2.5 pts Which one of the following statements is not true? Total fixed costs remain the same regardless of volume within...
need help solving. thank you Question 5 2.5 pts Current sales revenue in dollars is $6,000....
need help solving. thank you
Question 5 2.5 pts Current sales revenue in dollars is $6,000. The price is $3 per unit, variable costs are $1 per unit, and total fixed costs are $1,000. Compute the margin of safety: not enough information -- need to know the breakeven point 8.33% O 75% O 25% O 91.67%
Problem 2-20 Points: The CGC Computer Products most recent contribution margin income statement is shown on...
Problem 2-20 Points: The CGC Computer Products most recent contribution margin income statement is shown on the worksheet. In each of the following scenarios, calculate the values indicated. (CALCULATE ALL CHANGES FROM THE BEGINNING SCENARO OF NUMBERS-hint: it may be easier to copy the base income statement and paste to all other scenarios) A. The breakeven point in dollars and units. B. The sales volume increases by 30% and the price decreases by $0.50 per unit. c. The selling price...
I Question 5 of 5 View Policies Show Attempt History Current Attempt in Progress Sheridan Bucket...
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Question 5 of 5 View Policies Show Attempt History Current Attempt in Progress Sheridan Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales Sales price Variable costs 2,080 units $60 per unit $42 per unit $18,720 Fixed costs Question 5 of 5 0.75 / 1 What is the margin of safety in dollars and as a ratio? $ 62400 Margin of safety Margin of safety ratio 50 % e Textbook and Media Attempts: 1...
QUESTION 3 Sales revenue is $7,000, total variable costs are 55.600, and total foxed costs are $1,000. How much sales revenue does a firm need to achieve tarpet profit of $2,500? A $17.500 B. $12.500 C. $5,000 D. Not enough information QUESTION 4 Which of the following is most likely to be a variable cost? A Rent for CEO's office B. Depreciation on production equipment Cost of merchandise D. Factory supervisor's salary QUESTIONS Gamma Company has a selling price of...
Question Completion Status: QUESTION 5 Beta Company provided the following information for June: Beginning inventory of finished goods Beginning inventory of work-in-process Ending inventory of finished goods Direct labor used $5,000 $18,000 $ 3,000 $13,000 $10,000 4,000 $5,500 Raw materials used Manufacturing overhead Cost of goods manufactured (COGM) The company's cost of goods sold (COGS) for June is OA $3,500 B. $2,500 OC.$7,500 D. $42,000 QUESTION 6 Compute cost of ending inventory using the following data: $32,000 Cost of beginning...
QUESTION 24 MONTH January February March April UNITS SOLD TOTAL COSTS 980 $3,500 780 $4,000 1,080 $5,500 1,280 $5,000 Estimate variable costs per unit using the information above. Estimate fixed costs using the information above. QUESTION 16 Estimate unit variable costs and fixed costs using the following information. Month Total Costs Sales Volume (units) March $180 April $190 May $260 June $280 O A. Unit VC = $6/FC = $84 OB. Unit VC = $8/FC = $52 C. Unit VC...
Question Completion Status: QUESTION 10 If selling price per unit remains the same, unit variable cost remains the same, sales volume in units remains the same, and total fixed costs increase by $10,000, which of the following predictions is correct? Unit Contribution Margin Break-Even Volume Total Profit ОА Same Increase Decrease Same Decrease Decrease Increase Increase Decrease Decrease Decrease Increase Decrease Increase Decrease QUESTION 11 At sales volume of 600 units, variable costs are 58 per unit, and fixed costs...
Answer these questions below: 1. Which of the following is most likely to be a variable cost A. Depreciation B. Salaries of management C. Direct Materials D. None of these 2. Cost Behavior applies to all types of businesses and entities including non-profit. A. True B. False 3. Selling Price - Variable Cost per Unit A. Fixed Cost Per Unit B. Contribution Margins Per Unit C. Break Even in Units 4. Total Fixed cost/ Contribution Margin per Unit A. Break...
3 (a) Calculate variable cost per unit. Current Designs.xls Data Review View Home Insert Page Layout Formulas Kevlar Kevlar Resin and supplies Finishing kit (seat, rudder, ropes, etc.) Labor Selling and administrative expenses - variable Total variable costs per unit 2 Resin and supplies 3 Finishing kit (seat, rudder, ropes, etc.) 4 Labor 5 Selling and administrative expenses variable 6 Selling and administrative expenses—fixed 7 Manufacturing overhead-fixed $250 per kayak $100 per kayak $170 per kayak $420 per kayak $400...
O Variable costs per unit remain the same regardless of the volume. Question 7 2.5 pts Which of the following costs are most likely to be classified as variable? Factory rent Manager salaries Insurance Direct materials Straight-line depreciation 2.5 pts Question 8 Which of the following costs are most likely to be classified as fixed? Differential cost Question 6 2.5 pts Which one of the following statements is not true? Total fixed costs remain the same regardless of volume within...
need help solving. thank you
Question 5 2.5 pts Current sales revenue in dollars is $6,000. The price is $3 per unit, variable costs are $1 per unit, and total fixed costs are $1,000. Compute the margin of safety: not enough information -- need to know the breakeven point 8.33% O 75% O 25% O 91.67%
Problem 2-20 Points: The CGC Computer Products most recent contribution margin income statement is shown on the worksheet. In each of the following scenarios, calculate the values indicated. (CALCULATE ALL CHANGES FROM THE BEGINNING SCENARO OF NUMBERS-hint: it may be easier to copy the base income statement and paste to all other scenarios) A. The breakeven point in dollars and units. B. The sales volume increases by 30% and the price decreases by $0.50 per unit. c. The selling price...
I
Question 5 of 5 View Policies Show Attempt History Current Attempt in Progress Sheridan Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales Sales price Variable costs 2,080 units $60 per unit $42 per unit $18,720 Fixed costs Question 5 of 5 0.75 / 1 What is the margin of safety in dollars and as a ratio? $ 62400 Margin of safety Margin of safety ratio 50 % e Textbook and Media Attempts: 1...
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