If revenue = $120 and variable cost = 35% of revenue, then contribution margin = $78.00. a. True b. False
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- If revenue = $90 and variable cost = 35% of revenue, then contribution margin = $58.50. Options a. True. b. False.Solve thi question financial accountingGiven the mixed cost function y = $6.50x + $3,000. What does the $6.50 represent? a.Total cost per unit of the cost driver b.The fixed cost per unit c.The slope of the cost function d.Total fixed costs
- K In the equation y = $7.20x + $250,250, O A. $250,250 are the total costs. OB. $250,250 are the total fixed costs. OC. $250,250 are the total overhead costs. OD. $250,250 are the total variable costs. 48. If contribution margin ratio is 0.3 then contribution margin percentage will be: a. 3% b. 30% c. 0.3% d. 0.03%In the equation Y = 200 + 0.8X, Y represents Question 54 options: a) Variable cost per unit of activity b) Activity level c) Total cost d) Fixed cost