All of the following represents a cost-volume-profit relationship except: Profit = total contribution margin - fixed expenses O b. Sales - Variable expenses = fixed expenses + profit O c. Sales = total expenses - profit O d. Sales - variable expenses-profit = fixed expenses Oe. Total contribution margin + variable expenses = variable expenses + fixed expenses + profit Sur Travel Company intends to sell its customers a special round-trip airline ticket package to Salalah. The Company will be able to purchase the package from Oman Air for OMR 150 each. The round-trip tickets will be sold for OMR 250 each and the airline intends to reimburse Sur Travel for any unsold ticket packages. Fixed costs for Sur Travel include OMR 5,000 in advertising costs.How many ticket packages will Sur Travel need to sell to break even? O a. 13 packages O b. 20 packages O c. 50 packages O d. 34 packages

All of the following represents a cost-volume-profit relationship except: Profit = total contribution margin - fixed expenses O b. Sales - Variable expenses = fixed expenses + profit O c. Sales = total expenses - profit O d. Sales - variable expenses-profit = fixed expenses Oe. Total contribution margin + variable expenses = variable expenses + fixed expenses + profit Sur Travel Company intends to sell its customers a special round-trip airline ticket package to Salalah. The Company will be able to purchase the package from Oman Air for OMR 150 each. The round-trip tickets will be sold for OMR 250 each and the airline intends to reimburse Sur Travel for any unsold ticket packages. Fixed costs for Sur Travel include OMR 5,000 in advertising costs.How many ticket packages will Sur Travel need to sell to break even? O a. 13 packages O b. 20 packages O c. 50 packages O d. 34 packages

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 1MC: The amount of a units sales price that helps to cover fixed expenses is its ____________________. A....

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Question 4 All of the following represents a cost-volume-profit relationship except: a. olol Sales – variable expenses - profit = fixed expenses b. Total contribution margin + variable expenses = variable expenses + fixed expenses + profit С. Profit = total contribution margin + fixed expenses d. Sales - Variable expenses = fixed expenses + profit %3D e. Sales = total expenses + profit
Which of the following does not represent a cost-volume-profit analysis equation? a. Sales - fixed expenses - variable expenses = 0 O b. Profit = contribution margin fixed expenses O c. Sales = total expenses + profit O d. Sales + fixed expenses + profit = contribution margin + sales Ое. Contribution margin - fixed expenses + profit = 0 O
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Which of the following does not represent a cost-volume-profit analysis equation? O a. Contribution margin - fixed expenses-profit = 0 b. Profit = contribution margin + fixed expenses Sales + fixed expensas + profit = contribution margin + sales O d. Sales = total expenses + profit O e. Sales - fixed expenses - variable expenses = 0 %D CLEAR MY CHOICE AGE
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Ly Question 6 The is the amount remaining from sales revenue after all variable expenses have been deducted. a. contribution margin O b. committed fixed cost O c. cost structure O d. gross margin MAR
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All of the following represents a cost-volume- profit relationship except: a. Total contribution margin + variable expenses = variable expenses + fixed expenses + profit b. Sales = totalexpenses + profit C. Sales - Variable expenses enses = fixedexpel expenses - profit d. Sales - variable expenses - profit = fixed expenses e Profit = totalcontril contribution margin - expenses