If revenue = $80 and variable cost = 40% of revenue, = $48.00. a. True. b. False. then contribution margin
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- R (X) = 55x and C (x) = 30x + 250 for total revenue and total cost functions a-) profit function pi (x) for firms and b-) Find the breakeven point.If revenue = $135 and variable cost = 45% of revenue, then contribution margin = $79.25. a. True. b. False.Given 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
- The table shows cost, C (q), and revenue, R (q). What are the fixed costs? Fixed costs = i 9 R(q) C(q) 0 0 2500 3000 2500 5000 7500 10000 12500 15000 500 1000 1500 2000 6000 6500 7000 7500 9500 11500 14250In describing the cost formula equation, Y = a + bX, which of the following is correct: Select one or more: a. (a) means variable cost per unit b. (X) means total variable cost V c. (a) means fixed cost d. (y) means total fixed costsIf revenue = $90 and variable cost = 35% of revenue, then contribution margin = $58.50. Options a. True. b. False.
- 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 costChoose the correct letter of answer On a scattergrap, the diagonal line cuts across two sets of observations, namely: 600:200, and 900:500 which refer to costs and units, respectively. The fixed costs is plotted in the graph at P400. In this case, the variable cost per unit is equal to: a. P1.00b. P1.25c. P1.50d. P1.12If the total cost function is y = 6,300 + 2X, calculate the variable cost for 4,400 units. A. $8,800 B. $6,300 C. $12,600 O D. $15,100 O O