Breakeven point units - Study guides, Class notes & Summaries

ACC 241 Exam 2 Questions and Answers | 100% Pass If the sale price per unit decreases and variable costs per unit remain the same, what will be the effect on the contribution margin ratio? A. It will remain the same B. It will decrease C. It will increase D. It is impossible to determine with the given information - ️️ Correct-B. It will decrease If the contribution margin ratio increases A. price must have decreased B. the variable cost ratio decreases C. the break-even point in...

ACCT 2121 Mid-term Exam 2022 MCQ Q1 (1 point) In multiproduct situations, when the sales mix shifts toward the product with the highest contribution margin per unit, then: A) total revenues will decrease B) breakeven quantity will increase C) total contribution margin will decrease D) operating income will increase Q2 (1 point) Hope company produces and sells 500 units of its only product per month at the selling price of $1,200. The variable manufacturing cost of the 500 units is...

Chapter 2: Cost-Volume-Profit Exam 47 Questions with Verified Answers 1. Selling prices 2. Sales Volume 3. Unit variable costs 4. Total Fixed Costs 5. Mix of Products sold - CORRECT ANSWER Factors in which profits are affected (5): Sales revenue - CORRECT ANSWER Price × Units sold Profit Equation - CORRECT ANSWER (Price × Units) - (Unit variable cost × Units) - Fixed cost Break-even point in units - CORRECT ANSWER Total Fixed cost/ Contribution Margin (Price - Unit variable co...

BSNS 115 Exam Questions And Correct Answers, 100% What are the fundamental principles in the accounting code of ethics? Integrity, objectivity and independence, competence, quality performance, professional behaviour What is the formula for total cost? fixed cost + variable cost What is the name for costs that are partly fixed and partly variable? semi-variable or mixed costs What are some typical variable costs? Raw materials, Direct Labour (wages), factory water, light, electricity, ...

BSNS 115 Exam Questions And Correct Answers, 100% What are the fundamental principles in the accounting code of ethics? Integrity, objectivity and independence, competence, quality performance, professional behaviour What is the formula for total cost? fixed cost + variable cost What is the name for costs that are partly fixed and partly variable? semi-variable or mixed costs What are some typical variable costs? Raw materials, Direct Labour (wages), factory water, light, electricity, ...

importance of price to marketers - Answer-only variable that can be changed quickly; related to total revenue and profit price - Answer-the assignment of value, or the amount the consumer must exchange to receive the offering profit formula - Answer-total revenue - total costs OR (price x quantity sold) - total costs understanding demand - Answer-for most products, there is an inverse relationship between price and demand inelastic demand - Answer-a change in price results in a littl...

BUS 5431 Final Exam 2, Questions With Answers.Your test grade is 91.67% The professor has configured this test to allow students to: Show Questions Answered Correctly Show Questions Answered Incorrectly Show All Responses Selected By Student Show What The Correct Response Should Be QUESTION: 1 [QUESTION BANK ID: ] TYPE: MULTIPLE CHOICE CORRECT Nancy's Niche sells a single product. 8,000 units were sold resulting in $80,000 of sales revenue, $20,000 of variable costs, and $10,000 of fi...

BSNS 115 Exam Questions And Correct Answers, 100% What are the fundamental principles in the accounting code of ethics? Integrity, objectivity and independence, competence, quality performance, professional behaviour What is the formula for total cost? fixed cost + variable cost What is the name for costs that are partly fixed and partly variable? semi-variable or mixed costs What are some typical variable costs? Raw materials, Direct Labour (wages), factory water, light, electricity, ...

Nr 533 week 3 break even assignment Break-Even Analysis Student Name Chamberlain College of Nursing NR: Financial Management in Healthcare Organizations January 2020 Nr 533 week 3 break even assignment Nr 533 week 3 break even assignment 1. Describe your approach to this case study. In addition to the numbers given, what do you need to know before you can calculate the break-even analysis? My approach to this case study would be first to identify the fixed costs cost and variable cost...

WGU C253 Advanced Managerial Accounting, Questions and answers, 100% Accurate. VERIFIED. Material Overhead Rate (Labor Hours) - -Estimated Overhead/Estimated Labor Hours Cost Per Part - -(Direct Materials + Direct Labor + (overhead rate * amount of overhead))/units COGS - -(Beg. Materials+Purchased Materials+End Materials)+Direct Labor+(Overhead for Labor)+(Beg work in process-End work in process) Predetermined Overhead Rate - -Estimated total manufacturing overhead/Estimated total amo...