Nos. 4 and 5 are based on the following :YPesosActivity level4. At point A compared to point B, as a percentage of sales revenuesVariable costs areFixed costs areGreaterGreatera.b.GreaterThe sameThe sameThe sameс.d.The sameGreater5. If sales pesos are used to measure activity levels, total costs and total revenues may be readfrom the X and Y axis as follows:Total revenuesX or YX onlyX or YX onlyTotal costsa.X or Yb.X or YY onlyY onlyс.d.

4. Variable costs are the costs that vary with the change in the output of the company. Whereas,…

Nos. 4 and 5 are based on the following : ,Y Pesos Activity level 4. At point A compared to point B, as a percentage of sales revenues Variable costs are Fixed costs are Greater Greater a. b. Greater The same The same The same с. d. The same Greater

Nos. 4 and 5 are based on the following : ,Y Pesos Activity level 4. At point A compared to point B, as a percentage of sales revenues Variable costs are Fixed costs are Greater Greater a. b. Greater The same The same The same с. d. The same Greater

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Break-even is the number of units at which? a. total revenue equals price times quantity b. total revenue equals total variable cost c. total revenue equals total fixed cost d. total revenue equals total cost
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Based on the image below for a manufacturing company, the correct statement is A. line b graphs total fixed costs B. point c represents the point at which the marginal contribution per unit increases C. line d graphs total costs D. area e (between lines b and d) represents the contribution margin
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1. To compute the breakeven point using the contribution margin, we get the ratio of a. Total fixed expenses and Total contribution margin b. Total variable expenses and Total Contribution margin c. Total fixed expenses and Contribution margin per unit d. Total variable expenses and Contribution margin per unit 2. A mathematical expression that describes a breakeven point of a company is a. Sales Revenue = Variable expenses + Fixed expenses b. Sales Revenue = Variable expenses - Fixed expenses c. Sales Revenue < Variable expenses + Fixed expenses d. Sales Revenue > Variable expenses - Fixed expenses 3. The Cost-Volume-Profit equation is given by a. Sales Revenue = Profits + Contribution margin ratio + Fixed expenses b. Sales Revenue = Profits + Contribution margin + Fixed expenses c. Sales Revenue = Profits+ Variable expenses + Fixed expenses d. Sales Revenue = Profits -Variable expenses…
All of the following represents a cost-volume-profit relationship except: a. Total contribution margin + variable xpenses = variable expenses + fixed expenses profit b. Sales = totalexpe expenses + profit O cSales - variable senses + profit = fied expenses O d. Profit = totalcontri contribution margin- fixed expenses O e Sales - Variable expenses = fixed expenses + profit
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:On the cost-volume-profit graph, the intersection between the total cost line and (Y) axis represents The profit area a O The fixed cost amount b O The loss area .c O The contribution margin per unit .d O The variable cost amount eeV@hdows Go to Settings to activate Wil 081 ENG hp 19 11 inprt sc delete home end & num 6 8 9. backspace = lock V { Y U 7 V 8. home H. K enter pause N 1 shift 上 end alt ctrl Pm 近

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