4) Step-wise cost
5) Mixed cost
6) Total variable cost decreases as the volume increases
7) Direct material
O Variable costs per unit remain the same regardless of the volume. Question 7 2.5 pts...
Question 15 2.5 pts A product sells for $200 per unit, and its variable costs per unit are $130. Totalfixed costs are $420,000. If the firm wants to earn $35,000 pretax income, how many units must be sold? 6,500 6,000 O 500. 5,000 5,500 2.5 pts Question 16 MacBook Air $1,700,000 Question 14 2.5 pts Henderson Co. has fixed costs of $36,000 and a contribution margin ratio of 24%. If expected sales are $200,000, what is the margin of safety...
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Question 20 2.5 pts Estimate unit variable costs. Production volume was 10 units. fire insurance $100 depreciation $240 rent $200 assembly workers' wages $500 production supervisor's salary $120 direct materials $300 O $80 per unit O $104 per unit O $50 per unit O not enough information -- it depends on whether the relevant range is fixed or variable $30 per unit
ve expected sales. O Expected sales over break-even sales Question 11 2.5 pts During March, a firm expects its total sales to be $160,000, its total variable costs to be $95.000, and its total fixed costs to be $25,000. The contribution margin for March is: O $65,000. O $90,000 $120,000 O $40,000 $25,000 2.5 pts Question 12 Watson Company has monthly fixed costs of $83,000 and a 40% contribution margin ratio. If the company has set a target monthly income...
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Question 17 2.5 pts Estimate unit variable cost Total costs Activity volume in units month 1 $155 29 month 2 $95 month 3 $125 19 month 4 $185 24 O $4.00 per hour $6.00 per hour O $3.00 per hour not enough information -- need to know the contribution margin statement in the relevant range $4.50 per hour
Costs that remain the same over a wide range of activity, but jump to a different amount outside that range, are termed: a. Step-fixed costs. b. Step-variable costs. c. Semivariable costs. d. Curvilinear costs. e. Mixed costs.
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Question 18 2.5 pts At current production volume of 1,000 units, variable costs are $2 per unit and fixed costs are $3 per unit, for a total unit cost of $5 per unit. Predict total costs at production volume of 900 units. O $4,500 O $4,800 not enough information -- need to know the total cost equation O $1,800 0 $4,700
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Question 3 2.5 pts Manufacturing costs for product X include direct materials $18 per unit, direct labor $1 per unit, variable overhead $2 per unit, and fixed overhead $3 per unit, for a total of $24 per unit. If production volume is increased by 10 units, how much will total manufacturing costs change in the short term? Assume that the new production volume is in the relevant range. increase by $240 O not enough information -- need to...
2. 3. 4. 5. Costs Costs Costs Costs Costs Volume Volume Volume Volume Volume Required: (1) Identify whether the cost behavior in each graph is mixed, step-wise, fixed, variable, or curvilinear. (2) Identify the graph (by number) that best illustrates each cost behavior: Complete this question by entering your answers in the tabs below. Required 1 Required 2 Identify whether the cost behavior in each graph is mixed, step-wise, fixed, variable, or curvilinear. Graph #1 Graph #7 Required 1 Required...
Within the relevant range, as the number of units produced increases: the variable cost per unit will increase O the fixed cost per unit will decrease O total variable costs will remain the same O total fixed costs will decrease
Fill in the blanks with increase, decrease, or remain the same to correctly complete each statement. (1) Contribution margin ratio will with an increase in sales volume. (2) Fixed cost per unit will with an increase in sales volume (within the relevant range). (3) A decrease in the contribution margin will cause the break-even point to (4) Variable cost per unit will with a decrease in sales volume. (5) An increase in fixed costs will cause the break-even point to...