If the activity level increases, what happens to the total fixed cost?
If selling price is $140 per unit, variable cost is $84 per…
If selling price is $140 per unit, variable cost is $84 per unit, and fixed cost is $212, calculate the contribution margin ratio.
Assume a sales volume of 5040 units, unit selling price of $…
Assume a sales volume of 5040 units, unit selling price of $14, unit variable cost of $6, and total fixed costs of $16800. What is the margin of safety in units?
On the breakeven graph, any level of sales to the left of th…
On the breakeven graph, any level of sales to the left of the breakeven point represents
The formula for a contribution format income statement is
The formula for a contribution format income statement is
Assume total fixed costs of $172800, variable costs per unit…
Assume total fixed costs of $172800, variable costs per unit of $6, and contribution margin per unit of $4. How many units must be sold to meet a target operating income of $54000?
Determine the fixed cost given the following information:Hig…
Determine the fixed cost given the following information:Highest level of activity – 840 units at a total cost of $4600Lowest level of activity – 240 units at a total cost of $1600
A limitation of the high-low method is that
A limitation of the high-low method is that
Assume you are planning a spring break ski trip to Colorado….
Assume you are planning a spring break ski trip to Colorado. You are preparing a budget of your costs. You are staying at a lodge that has a special where the lodge charges you $25 for the first 30 ski lift rides and an additional charge of $5 for each ride in excess of 30. You believe you will ride the ski lift 40 times during the week, so you budget $75. The ski lift cost is an example of a
This is a freebie.
This is a freebie.