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

29/10/2020 Client: papadok01 Deadline: 24 Hours

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:

Essay Writing Help
Online Assignment Help
Quality Homework Helper
Buy Coursework Help
Top Writing Guru
Top Grade Essay
Writer Writer Name Offer Chat
Essay Writing Help

ONLINE

Essay Writing Help

I am a qualified and experienced Writer, Researcher, Tutor, analyst and Consultant. I hold MBA (Strategic Management) (Finance and Marketing) & CPA.K (Accounting and Finance.)

$77 Chat With Writer
Online Assignment Help

ONLINE

Online Assignment Help

Hi dear, I am ready to do your homework in a reasonable price.

$70 Chat With Writer
Quality Homework Helper

ONLINE

Quality Homework Helper

Hi dear, I am ready to do your homework in a reasonable price.

$77 Chat With Writer
Buy Coursework Help

ONLINE

Buy Coursework Help

Hi dear, I am ready to do your homework in a reasonable price.

$77 Chat With Writer
Top Writing Guru

ONLINE

Top Writing Guru

I am an Academic writer with 10 years of experience. As an Academic writer, my aim is to generate unique content without Plagiarism as per the client’s requirements.

$75 Chat With Writer
Top Grade Essay

ONLINE

Top Grade Essay

Working on this platform from a couple of time with exposure of dynamic writing skills gathered with years experience on different other websites.

$77 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

The earnings dividends and stock price of shelby inc - 200words - Vector addition experiment lab report - Ypte org uk rainforest - Triplet poem about sports - Ime money transfer uk - Office 2016 integrated applications project 2 word access excel - Answer these questions - Example assessment for teller in at the bank - Biology pcr late nite labs - Devil at my heels sparknotes - Organizational information deficiency problems - They say i say chapter 5 pdf - How to convert spss tables into word - Pincus and minahan 1973 reference - Sas 9.4 export to excel - Ben and jerry's case study pdf - The toyota way fieldbook - Marquis motorhomes ivybridge devon - Differences between leadership and management - Catch 22 character map - Indesign publish online page transitions - HS2200 SOCIAL WELFARE - Add new server to dfs replication group - Ford pinto case ethics - Bibl 104 bible dictionary project - Supplementary bonding conductor size - Abb trio 27.6 datasheet - Footprint network quiz - How many earths would we need quiz - Nick gereffi how did he die - English - IOS Models - Discussion - Hillbrow between heaven and hell - Transgenerational model of family therapy - According to the "new view of women's sexual problems," _________. - Journal - Triage assessment form - Case Study 3 - R3: Putting the 'Fin' Back into Fintech" - Figure weights wisc v description - Diploma of security risk management - PRACTICAL CONNECTION - HRM 500 Words - Bohr model of oxygen atom - Slavery race and the making of american literature - Phishing method of information security crime - Fbi crime scene analysis - Process consultation its role in organization development pdf - How does a arctic fox protect itself - Isbn 13 978 0 13 283487 2 - Ammonium nitrate and sodium hydroxide observation - Eric helms libro pdf - How to pronounce cosecant - What did the detective say to the crook - How to test equipotential bonding - Keefe 1979 learning styles - Marketing practice - Madras motor neuron disease - Seven myths of the spanish conquest sparknotes - Consumer Behavior writing assignment - Rcn pocket diary 2020 - How to teach arabic alphabet - Why do organizations still have information deficiency problems - Personal experience speech examples - Cat5e cable color order - Graph x less than or equal to 4 - SUMMARY OF AN ENGINEERING ARTICLE - Pythagoras shorter side calculator - Tanglewood case 5 disparate impact analysis - Www skillcard org uk - Why the breakfast club is important - Discussion 1: Sexual Assault and Sexual Harassment-wk8-6411 - Starbucks case study strategic management - Golden section search maximum matlab - I was never yours blair holden read online - External oblique line mandible - Sierra company manufactures woven blankets journal entry - Culture paper - Strengths and limitations of visually interpreting histograms - Calibrating the cabbage ph indicator means based on solutions that - Assignment#4 - Psychology 201 practice test - Cft meaning in construction - Kelly consulting accounting - Waren sports supply balance sheet - SOAP note - Sap pi bpm example - Stressed possessive adjectives in spanish - Journal entry 28 on course - Culturally Responsive Practice - Short Paper - Critical thinking using Critical lenses essay Due Monday - If prices fall, then real wealth __________ and the quantity of aggregate demand __________. - 4000 essential english words 3 pdf free download - A world of mobile learning uwa - Practical strategies for technical communication by mike markel pdf - Adjectives to describe films - Gordon roddick net worth - Cp ligand electron count - Quadrennial us occurrence nyt crossword