Practice Quiz 13B
Complete the following quiz for the lesson: Cost Volume Profit Analysis
The slope of the total cost line in a cost, volume, profit graph reflects *
1 point
The point of intersection of the total cost line with the vertical axis in a cost, volume, profit graph reflects *
1 point
The slope of the sales revenue line in a cost, volume, profit graph reflects *
1 point
*
1 point
*
1 point
*
1 point
If total fixed costs are \$58,500, the break-even point is 3,900 units, and the variable cost per unit is \$8, what is the contribution margin per unit for this product? *
1 point
*
1 point
A certain product has a sales price of \$36 per unit and a per unit contribution margin of \$12. If total fixed costs are \$42,600, what is the break-even dollar sales volume? *
1 point
A firm sells its only product for \$10 per unit and has total fixed costs of \$36,000. If the variable cost per unit is \$6, what sales volume is needed to earn \$59,000 net income? *
1 point
*
1 point
If breakeven sales revenues amount to \$200,000 at a sales price per unit of \$10 and total fixed costs amount to \$40,000, then the business' variable cost ratio equals *
1 point
*
1 point
How many additional units must be sold at a contribution margin of \$6 per unit to produce a \$24,000 increase in net income? *
1 point
If breakeven was achieved at a \$10/unit sales price and 10,000 units of sales volume, what volume of sales will produce net income of \$100,000 if fixed costs amount to \$25,000. *
1 point