CVP chart is the graphical representation of CVP analysis. In CVP chart the no. of units produced are plotted on X-axis and cost on Y-axis. If we plot the fixed cost on Y-axis than a straight horizontal line is drawn because fixed costs remain same in totality at each level of activity. If we plot the variable cost line on Y-axis then there will be positive upward slop that will rise with the increase in activity level. In the given question we have to determine that the positive slope line that rises at each additional unit of volume what represents.

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Answer 1

Question

Chapter 21, Problem 15DQ

To determine

CVP chart is the graphical representation of CVP analysis. In CVP chart the no. of units produced are plotted on X-axis and cost on Y-axis.

If we plot the fixed cost on Y-axis than a straight horizontal line is drawn because fixed costs remain same in totality at each level of activity.

If we plot the variable cost line on Y-axis then there will be positive upward slop that will rise with the increase in activity level.

In the given question we have to determine that the positive slope line that rises at each additional unit of volume what represents.

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Answer 2

Question

Chapter 21, Problem 15DQ

To determine

CVP chart is the graphical representation of CVP analysis. In CVP chart the no. of units produced are plotted on X-axis and cost on Y-axis.

If we plot the fixed cost on Y-axis than a straight horizontal line is drawn because fixed costs remain same in totality at each level of activity.

If we plot the variable cost line on Y-axis then there will be positive upward slop that will rise with the increase in activity level.

In the given question we have to determine that the positive slope line that rises at each additional unit of volume what represents.

Expert Solution & Answer

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Check out a sample textbook solution

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Answer 3

Question

Chapter 21, Problem 15DQ

To determine

CVP chart is the graphical representation of CVP analysis. In CVP chart the no. of units produced are plotted on X-axis and cost on Y-axis.

If we plot the fixed cost on Y-axis than a straight horizontal line is drawn because fixed costs remain same in totality at each level of activity.

If we plot the variable cost line on Y-axis then there will be positive upward slop that will rise with the increase in activity level.

In the given question we have to determine that the positive slope line that rises at each additional unit of volume what represents.

Expert Solution & Answer

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Answer 4

Question

Chapter 21, Problem 15DQ

To determine

CVP chart is the graphical representation of CVP analysis. In CVP chart the no. of units produced are plotted on X-axis and cost on Y-axis.

If we plot the fixed cost on Y-axis than a straight horizontal line is drawn because fixed costs remain same in totality at each level of activity.

If we plot the variable cost line on Y-axis then there will be positive upward slop that will rise with the increase in activity level.

In the given question we have to determine that the positive slope line that rises at each additional unit of volume what represents.

Expert Solution & Answer

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Answer 5

Chapter 21, Problem 15DQ

To determine

CVP chart is the graphical representation of CVP analysis. In CVP chart the no. of units produced are plotted on X-axis and cost on Y-axis.

If we plot the fixed cost on Y-axis than a straight horizontal line is drawn because fixed costs remain same in totality at each level of activity.

If we plot the variable cost line on Y-axis then there will be positive upward slop that will rise with the increase in activity level.

In the given question we have to determine that the positive slope line that rises at each additional unit of volume what represents.

Answer 6

Chapter 21, Problem 15DQ

To determine

CVP chart is the graphical representation of CVP analysis. In CVP chart the no. of units produced are plotted on X-axis and cost on Y-axis.

If we plot the fixed cost on Y-axis than a straight horizontal line is drawn because fixed costs remain same in totality at each level of activity.

If we plot the variable cost line on Y-axis then there will be positive upward slop that will rise with the increase in activity level.

In the given question we have to determine that the positive slope line that rises at each additional unit of volume what represents.

Answer 7

Chapter 21, Problem 15DQ

To determine

CVP chart is the graphical representation of CVP analysis. In CVP chart the no. of units produced are plotted on X-axis and cost on Y-axis.

If we plot the fixed cost on Y-axis than a straight horizontal line is drawn because fixed costs remain same in totality at each level of activity.

If we plot the variable cost line on Y-axis then there will be positive upward slop that will rise with the increase in activity level.

In the given question we have to determine that the positive slope line that rises at each additional unit of volume what represents.

Answer 8

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Answer 9

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Answer 10

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Answer 11

Ch. 21 - Cost behavior identification C1 Listed here are...Ch. 21 - QS 21-2 Cost behavior identification c1 ...Ch. 21 - QS 21-3 Cost behavior estimation—high-low method...Ch. 21 - Prob. 4QS Ch. 21 - Prob. 5QS Ch. 21 - Prob. 6QS Ch. 21 - Prob. 7QS Ch. 21 - Prob. 8QS Ch. 21 - Prob. 9QS Ch. 21 - Prob. 10QS

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