If revenue = $90 and variable cost = 35% of revenue, then contribution margin = $58.50. Options 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.
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- Answer quicklyGiven 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 costsR (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.
- In the equation y = $11.75x + $550, "x" represents Question 28 options: number of units produced. total fixed costs. total costs. None of these.1. The formula used to calculate the number of units needed in order to earn a target income is a. (Fixed costs + variable costs) / Sales b. (Fixed costs + target income) / Sales c. (Fixed costs + target income) / CM per unit d. (Fixed costs + variable costs) / CM per unit 2. The indifference point is reached when * a. The savings in variable cost is equal to the increase in fixed costs. b. The savings in variable cost is less than the increase in fixed costs. c. The savings in fixed cost is equal to the decrease in variable cost. d. The savings in fixed cost is more than the increase in variable costs.' 3. Which of the following is not an assumption used to prepare a cost-volume-profit graph? * a. Constant sales mix b. Constant cost fluctuations c. Units produced equal units sold d. Liner costs within the relevant range1. At the break-even point mon a tot misb a. Contribution margin = fixed costs b. Variable costs = fixed costs c. Sales contribution margin d. Contribution margin = 0 when erf 99
- Consider the following payoff table that represents the profits earned for each alternative (A, B, and C) under the states of nature S1, S2, and S3. Using the Laplace criterion, what would be the highest expected payoff? S1 S2 S3 A $100 145 120 B $75 125 110 C $95 85 6020. If Q equals the level of output, P is the selling price per unit, V is the variable cost per unit, and F is the fixed cost, then the break-even point in units is: Multiple Choice Q ÷ (P − V). F ÷ (P − V). V ÷ (P − V). F ÷ [Q(P − V)].Which of the following would decrease unit contribution margin the most? (Hint: assume amounts, then simulate each condition/option independently. 15% decrease in selling price 15% increase in selling price 15% decrease in variable costs and expenses 15% increase in variable costs and expenses Group of answer choices 1 2 3 4
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