Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

If the activity level increases 10 total variable costs will

14/10/2021 Client: muhammad11 Deadline: 2 Day

If The Activity Level Increases 10%, Total Variable Costs Will

Question 1

If the activity level increases 10%, total variable costs will

remain the same.

decrease by less than 10%.

increase 10%.

increase by more than 10%.

Question 2

Portman Company's activity for the first three months of 2013 are as follows:

Machine HoursElectrical Cost

January2,100$3,600

February2,600$4,350

March2,900$4,800

Using the high-low method, how much is the cost per machine hour?

$1.50

$1.69

$2.25

$1.34

Question 3

Gribble Company's high and low level of activity last year was 60,000 units of product produced in May and 20,000 units produced in November. Machine maintenance costs were $104,000 in May and $40,000 in November. Using the high-low method, determine an estimate of total maintenance cost for a month in which production is expected to be 45,000 units.

$96,000

$80,000

$78,000

$90,000

Question 4

The break-even point is where

total sales equal total fixed costs.

total variable costs equal total fixed costs.

contribution margin equals total fixed costs.

total sales equal total variable costs.

Question 5

Armstrong Industries has a contribution margin of $300,000 and a contribution margin ratio of 30%. How much are total variable costs?

$1,000,000

$210,000

$700,000

$90,000

Question 6

Farmers' Industries has fixed costs of $400,000 and variable costs are 60% of sales. How much will Farmers report as sales when its net income equals $40,000?

$264,000

$733,333

$1,040,000

$1,100,000

Question 7

A cost which remains constant per unit at various levels of activity is a

variable cost.

fixed cost.

manufacturing cost.

mixed cost.

Question 8

Wendy Industries produces only one product. Monthly fixed expenses are $12,000, monthly unit sales are 2,500, and the unit contribution margin is $10. How much is monthly net income?

$13,000

$25,000

$37,000

$0

Question 9

The increased use of automation and less use of the work force in companies has caused a trend towards an increase in

both variable and fixed costs.

variable costs and no change in fixed costs.

fixed costs and a decrease in variable costs.

variable costs and a decrease in fixed costs.

Question 10

For an activity base to be useful in cost behavior analysis,

the activity level should be constant over a period of time.

the activity should always be stated in dollars.

there should be a correlation between changes in the level of activity and changes in costs.

the activity should always be stated in terms of units

Question 11

Which one of the following is not an assumption of CVP analysis?

All units produced are sold.

The behavior of costs and revenues are linear within the relevant range.

Sales mix remains constant.

All costs are variable costs.

Question 12

How much sales are required to earn a target income of $160,000 if total fixed costs are $200,000 and the contribution margin ratio is 40%?

$600,000

$400,000

$900,000

$660,000

Question 13

Greg's Golf Carts produces two models: Model 24 has sales of 500 units with a contribution margin of $40 each; Model 26 has sales of 350 units with a contribution margin of $50 each. If sales of Model 26 increase by 100 units, how much will profit change?

$17,500 increase

$22,500 increase

$5,000 increase

$35,000 increase

Question 14

At the high level of activity in November, 7,000 machine hours were run and power costs were $16,000. In April, a month of low activity, 2,000 machine hours were run and power costs amounted to $8,000. Using the high-low method, the estimated fixed cost element of power costs is

$11,200.

$16,000.

$8,000.

$4,800.

Question 15

The CVP income statement

is distributed internally and externally.

discloses contribution margin in the body of the statement.

classifies costs by functions.

will reflect a different net income than the traditional income statement

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Accounting & Finance Specialist
Smart Homework Helper
Top Grade Tutor
Assignment Solver
Quick Mentor
Solutions Store
Writer Writer Name Offer Chat
Accounting & Finance Specialist

ONLINE

Accounting & Finance Specialist

I am a professional and experienced writer and I have written research reports, proposals, essays, thesis and dissertations on a variety of topics.

$45 Chat With Writer
Smart Homework Helper

ONLINE

Smart Homework Helper

I have worked on wide variety of research papers including; Analytical research paper, Argumentative research paper, Interpretative research, experimental research etc.

$20 Chat With Writer
Top Grade Tutor

ONLINE

Top Grade Tutor

As per my knowledge I can assist you in writing a perfect Planning, Marketing Research, Business Pitches, Business Proposals, Business Feasibility Reports and Content within your given deadline and budget.

$30 Chat With Writer
Assignment Solver

ONLINE

Assignment Solver

I am an academic and research writer with having an MBA degree in business and finance. I have written many business reports on several topics and am well aware of all academic referencing styles.

$42 Chat With Writer
Quick Mentor

ONLINE

Quick Mentor

I will provide you with the well organized and well research papers from different primary and secondary sources will write the content that will support your points.

$27 Chat With Writer
Solutions Store

ONLINE

Solutions Store

I have read your project description carefully and you will get plagiarism free writing according to your requirements. Thank You

$15 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

What does the bust of pallas symbolize - Ranzcp scholarly project exemption - Simple linear regression without intercept - Schneider electric circuit breaker application guide - Sine curve in excel - Advantages and disadvantages of merchandising - Pusan seismic station sp interval - Sustainability Initiative Part 6 - Discussion - How many letters are in alphabet - Annotated Bibliography and Source Evaluation - Manor farm junior school - Are you able to help me - Project Resources - Avon case study answers - The steamie play glasgow - Citizens national bank macomb il - Tell tale heart pdf - Gcu learn student - Europa foods london - Hesta third party authority - Need tomorrow - Ethics Discussion Board #2 - Infectious diseases advanced training - Bunn my cafe ground coffee drawer problems - Week 6 - Philosophy discussion 3 - Impediments to critical thinking - Speech codes and expressive harm - What is the falling action of macbeth - What is a pure romance party - Map of nuffield hospital oxford - Course project Quality control - Sampling - 90.1 fm gold coast - My place house of decor answers - Unit VI Scholarly Activity - Sports illustrated media kit demographics - Bl words and pictures - Musical fountain in china with audio of bhagavad gita - Detecting fake news assignment vaccines answers - Noredink cheat sheet arranging a sentence in either voice - Drain cleaner and aluminum foil balloon experiment - Help!! - Technology in Healthcare - Web design sign off form - 1 pembrook road wamberal - 10 geary place athelstone - Micro9 - Thermodynamics 2 - Sp ausnet new connections - Comprehensive problem 2 palisade creek co answers - They say i say across disciplines 4th edition pdf - Application of access control techniques in daily job - First fleet convict database - How to unlock landbank iaccess - Need Analyzing and Visualizing data QUIZZ Answers - Test091720 - For all work solver - 4.2 pounds in kg - Technical English #4 - Drawing a half arrow java - Business Plan : Financial Analysis & Budget - Bachelor of mathematics qut - Bus 475 week 3 individual assignment - Visual communication in the media rasmussen - Symbiotic relationship between deer and tick - Business Ethics - Omgeo alert best practice - Ge reveal bulbs banned - Vcaa special provisions rest breaks - A distinguishing feature of managerial accounting is - Engineering professional electives unsw - Human biology wace exam - Microsoft wireless optical desktop - Speech 1017 Final Exam and - Cyber domain parts - Week research paper - Msc in applied electronics colombo university - Writing exercise - Organisational Theory - Who are the major developers of cybersecurity related inventions - Ethica and Legal Aspects of Nursing Practice DQ 10 week 6 - We cool gwendolyn brooks - Managerial Accounting - A thin uniform rod of mass m - Business forms and governance ppt - Fire Protection Technology - Respond to discussion Boards - Cloud computing assignment - What is the neis allowance - Cie a level maths syllabus - Conclusion for gram staining experiment - The giver chapter 18 summary - O2 lewis dot structure - Myrtle air express decided to offer direct service - Persuasive speech about family planning - Shoo fly don't bother me - Assignment - Assignment