: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 e.eVindows Go to Settings to activate Wi 08 40) a ENG

Q: The slope of the cost line on a graph represents: a) variable cost per unit. Ob) total fixed cost.…

A: Answer:-  Variable cost meaning:- An expense for the company that varies according on how much is…

Q: Suppose the Federal Reserve instructs the Trading Desk to purchase $1 billion of securities. Show…

A: Balance sheet includes the assets, liabilities and stockholders' equity that show the financial…

Q: An input whose cost is determined by the quantity of input consumed is a A. Fixed cost E Variable…

A: Step costs are- constant upto certain point and change to certain amount after that point. Fixed…

Q: 18. Responsibility reports for cost centres include: Controllable Non-controllable costs costs а. No…

A: Responsibility accounting reports activities that are in control by the management.

Q: Q2. Describe how total variable costs and unit variable costs behave with changes in the level of…

A: This is a theory question and we will explain Total variable cost and unit variable costs behave…

Q: In describing the cost formula equation, Y = a +bX, which of the following is correct: Multiple…

A: Lets understand the basics.High low method as the name suggest consider highest level of activity…

Q: 5.) EUAC=P(A/P, i, n) - S (A/F, i, n) - Eqtn 1 EUAC=P-S (A/F, i, n) + Pi - Eqtn 2 EUAC=P-S (A/P, I,…

A: The equivalent uniform annual cost (EUAC) is a financial statistic that translates a series of cash…

Q: On a graph, the Total Variable costs line appears to be horizontal in nature. True False

A: Cost: In accounting, the cost is related to monetary value spend on raw material, services, and…

Q: Assign costs to unitsusing the FIFO method.

A: FIFO Method:   It is a method of inventory costing where the inventory purchased first is the first…

Q: Cost classifications used for predicting cost behavior include: Multiple Choice Variable cost and…

A: Variable costs are the costs that varies with the change in output but per unit variable cost…

Q: The intercept (straight line) on a graph of the linear cost function represents ....... cost

A: The cost function depicts the costs that will be incurred at various levels of activity Cost…

Q: How would the equation for total costs be written using the following? y = total costs v =…

A: Variable costs are costs that change with change in volume of production . Whereas, Fixed costs…

Q: How was total cost (a) found for #1?

A: Total cost for any product or service is calculating by taking sum of variable cost of the total…

Q: The following diagram is a cost-volume-profit graph for a manufacturing company: O D Select the…

A: According to the question given, we need to give the correct answer from the available options.Cost,…

Q: re mixed costs treated? Answer:

A: Mixed Cost - Mixed cost is the combination of two categories of costs, namely fixed and variable…

Q: 1. Multiple-Choice Question - FIFO When using FIFO, A) Identical costs go to the balance sheet and…

A: FIFO is one of the inventory valuation method being used in business. FIFO means first in first out.…

Q: Overhead Cost Area Admin and General Info and Telecomm Sales and Marketing Utilities Prop Maint…

A: Overheads means all type of indirect costs being incurred in business. These costs can not be…

Q: 9. The point where the sales line and the total expense line intersects represents the A. profit…

A: Sales line: Sales line represents the sales incurred by the company over the specific period.…

Q: In the formula y = a + bX, y represents   a. total fixed cost b. total variable cost c. total cost…

A: Variable cost per unit = (Highest activity cost - Lowest activity cost) / (Highest activity units -…

Q: Select the correct statement concerning the below cost-volume-profit graph: Line E A O a. None O b.…

A: Margin of safety=Budgeted sales in dollars-Break even level in sales dollars

Q: In the standard cost formula Y = a + bX, what does the "Y" represent? total cost variable cost per…

A: Variable cost: Variable cost refers to that cost which gets increased with the increase in the…

Q: Within a relevant range, costs that increase in direct proportion to volume are:   Question 9…

A: Variable costs are proportional to the level of output within a relevant range. On the other hand,…