If Mazoon Company sells unit outputs that exceed the breakeven pointthere will be a profit .a Ototal sales revenue will exceed total variable costs b ONone of the given answers.c Othere will be an increase in total fixed costs .d Ototal sales revenue will exceed total fixed costs.e O

Break even point means a point where firm is neither earning profit nor incurring any loss. For…

If Mazoon Company sells unit outputs that exceed the breakeven point there will be a profit .a total sales revenue will exceed total variable costs .b None of the given answers .c O there will be an increase in total fixed costs .d O total sales revenue will exceed total fixed costs .e O

If Mazoon Company sells unit outputs that exceed the breakeven point there will be a profit .a total sales revenue will exceed total variable costs .b None of the given answers .c O there will be an increase in total fixed costs .d O total sales revenue will exceed total fixed costs .e O

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 14MC: Which of the following statements is true regarding average fixed costs? A. Average fixed costs per...

See similar textbooks

Similar questions

At the breakeven point Select one: Oa Sales will be equal to variable costs plus fixed costs O b. Fixed costs will be equal.contribution margin minus varable costs Oc Fixed costs will be eoual to vanable.costs అTిbe ఇం| Mi. 31500రి910, Oe.Sales vill be equal to variable .costs plus target profit
If Mazoon Company sells unit outputs below the breakeven point_ a. there will be a loss b. total sales revenue will be less than total fixed costs O c. None of the given answers O d. there will be an decrease in total fixed costs e. total sales revenue will be less than total variable costs rch hp 144 A 6. 8 9. G K
In the CVP analysis, the point of breakeven is where a. total sales revenues equal total fixed costs Ob. None of the given answers С. contribution margin equals total costs d. total sales revenues equal total variable costs е. total sales revenues plus the total variable costs equal total fixed costs
Which one of the following is not considered an assumption of cost-volume-profit analysis? O a. Sales mix of products sold does not remain constant O b. Costs are linear O c. Costs can be divided into variable and fixed components O d. Fixed cost per unit is not constant O e. Selling price per unit does not change with volume
Select the correct statement concerning the below cost-volume-profit graph: Line E A O d. O e. O a. None b. At point B, profits equal total costs. O c. Line E is the total sales line. d. Line F is the Total sales line. e. The point identified by "B" is the breakeven point. The break-even point is where B Line F Oa. None O b. total sales equal total fixed costs. O c. total variable costs equal total fixed costs. total sales equal total variable costs. Line D contribution margin ratio equals total fixed costs. O a. 190 000 b. None OC. 0.73 22 The following monthly data are available for Lumberyard Company which produces only one product: Break-even level in sales of dollars: $530 000 Budgeted sales in dollars for the month of June: $720 000 d. 1 250 000 e. 1.35 How much is the margin of safety for the company for June?
Which of the following occurs if a company experiences an increase in its fixed costs? Select one: O a. Net income would decrease. O b. The contribution margin would increase. Oc The contribution margin would decrease. Od. The break-even point would decra2se, Oe. More than one.of the answers, would.occur.
uestion The breakeven point increases if: Oa. the selling price per unit increases t yet swered O b. the total fixed costs decrease arked out of DO Ос. the variable cost per unit decreases O d. none of the given answers Flag O . the contribution margin per unit increases estion CLEAR MY CHOICE Question On the cost-volume-profit graph, the area between the total cost line and the sales line after the break-even point represents: O a. The variable cost amount ot yet nswered O b. The contribution margin per unit larked out of O C. The loss area 00 O d. The fixed cost amount * Flag O e. The profit area uestion a P Type here to search
In the CVP analysis, at the point of breakeven O a. total contribution margin minus total fixed costs is equal to profits earned O b. total contribution margin for a company is equal to zero O c. breakeven sales revenues equal total fixed costs divided by the variable cost per unit OC. O d. None of the given answers O e. total sales revenues equal total fixed costs plus total variable costs
At the Break-Even point: Sales would be equal to total costs Conbution margin would be equal to total fed costs Sales would be equal to fed coss Both sales would be equal to total costs end contribution margin would be eouel to total fied costs are comect
All else being equal, what happens to the unit contribution margin and the contribution margin ratio if the sales price per unit increases? Select one: a. None of the given answers. O b. Unit contribution margin decreases while contribution margin ratio increases. OBoth unit contribution margin and contribution margin.ratio are unchanged. Od. Both unit contribution margin and contribution manrgin ratio decrease. O e. Unit contribution margin increases and contribution margin ratio increases,
The break-even point is that level of activity where: Select one: O a. sales revenue eguals fixed cost. O b. variable cost equals fixed cost. Oc total contribution margin equals the sum of variable cost plus fixed cost. O d. sales revenue equals total variable.cost Oe. contribution margin equals fixed cost.
The break-even point is that level of activity where: Select one: Oa. profit equals to zero. Ob. total contribution margin equals the sum of variable cost plus fixed cost. Oc. variable cost equals fixed cost. d. sales revenue equals total variable cost. Oe. total revenue equals total fixed cost. Ne