Provide Answer Cost-volume-profit analysis assumes whata) Variable costs change with volumeb) Fixed costs change with volumec) Selling price varies with volumed) Mix of products changes_?

Concept of Cost-Volume-Profit (CVP) Analysis: CVP analysis is a managerial accounting method used to…

Answered: Cost-volume-profit analysis assumes…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter7: Variable Costing For Management analysis

Section: Chapter Questions

Problem 10E

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Cost-volume-profit analysis assumes what_ a) Variable costs change with volume b) Fixed costs change with volume c) Selling price varies with volume d) Mix of products changes _?
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Which one of the following is not considered an assumption of cost-volume-profit analysis? a. Costs are linear b. Sales mix of products sold does not change c. Selling price per unit changes with volume d. Costs can be divided into variable and fixed components e. Fixed cost per unit is not constant
Profitability changes may be simply calculated by using what kind of tool: sales price/volume/variable costs/fixed costs.
Which tool can be used to easily calculate the change in profit resulting from a change in sales price, sales volume, variable costs, or fixed costs?
On a cost-volume-profit graph, when the Total Cost line is higher than the Total Revenue line, the difference represents Select one: O A. a positive return on the investment O B. a net loss O C. net income O D. not enough information is presented
Which one of the following is not considered an assumption of cost-volume-profit analysis? a. Selling price per unit does not change with volume b. Costs can be divided into variable and fixed components C. Fixed cost per unit is not constant d. Sales mix of products sold does not change O e. Costs are nonlinear
The difference between sales and marginal cost is______________ a. Fixed Cost b. Profit c. Sales price d. Contribution
Contribution margin is a.the same as sales revenue b.the excess of sales over variable costs c.another term for volume in the "cost-volume-profit" analysis d.profit
Target costing calculate cost as?
Correct Answer
What ratio indicates the percentage of each sales dollar that is available to cover fixed costs and to provide a profit? A. Margin of safety ratioB. Contribution margin ratioC. Costs and expenses ratioD. Profit ratio

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Cost-volume-profit analysis assumes what a) Variable costs change with volume b) Fixed costs change with volume c) Selling price varies with volume d) Mix of products changes _?