cost-volume-profit relationship

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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All of the following represents a cost-volume-profit relationship except:
O a. Sales - variable expenses + profit = fixed expenses
O b. Sales = total expenses + profit
O c.
Profit = total contribution margin - fixed expenses
O d. Total contribution margin + variable expenses = variable expenses + fixed expenses + profit
O e. Sales- Variable expenses = fixed expenses + profit
The breakeven point increases if:
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Transcribed Image Text:All of the following represents a cost-volume-profit relationship except: O a. Sales - variable expenses + profit = fixed expenses O b. Sales = total expenses + profit O c. Profit = total contribution margin - fixed expenses O d. Total contribution margin + variable expenses = variable expenses + fixed expenses + profit O e. Sales- Variable expenses = fixed expenses + profit The breakeven point increases if: mere to search hp prt sc & 4 6 8 E R Y P C F 11 %3D G M 1S 10 LL
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