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
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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
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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
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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 *
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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
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