All of the following are assumptions of cost-volume-profit analysis except a. total fixed costs do not change

Question:

All of the following are assumptions of cost-volume-profit analysis except

a. total fixed costs do not change with a change in volume.

b. revenues change proportionately with volume.

c. variable costs per unit change proportionately with volume.

d. sales mix for multi-product situations do not vary with volume changes.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Managerial Accounting For Undergraduates

ISBN: 9780357499948

2nd Edition

Authors: James Wallace, Scott Hobson, Theodore Christensen

See More Books

Question Posted: May 19, 2024 12:01 PM

See More Questions

Ethiopian Civil Service University Department of Public Financial Management and Accounting Advanced Cost and Management Accounting Work Sheet on Chapter I, II and III General instruction: Attempt...
Information Management Assignment 2 Assessment Weighting: 15% of the course total Total marks = 50 marks Due date: 26 th April, 2023 group of 4 to 6 students submissions. Write each students...
1. All of the following are ADVANTAGES of decentralization EXCEPT: A. Managers make better decisions when closer to the operation of the company. B. Each decentralized operation purchases their own...
Write a method remove() that takes a linked-list Node and a string key as its arguments and removes every node in the list whose item field is equal to key.
Show how you could prepare each of the following compounds from cyclopentanone, D2O, and any necessary organic or inorganic reagents. H OH
(a) Shallow water is non dispersive; the waves travel at a speed that is proportional to the square root of the depth. In deep water, however, the waves can't "feel" all the way down to the...
Future Value of an Amount Saved. You estimate that you can save $3,800 by selling your home yourself rather than using a real estate agent. What would be the future value of that amount if invested...
A soft drink (mostly water) flows in a pipe at a beverage plant with a mass flow rate that would fill 220 0.355-L cans per minute. At point 2 in the pipe, the gauge pressure is 152 kPa and the...
Run TO Response Value CD 1 12 Mean S/N A In a plant operation, Factors (A, B, C&D) were established. The response variable (preferable to be at least a coded value of 11) showing the output of the...
Break-even quantity is defined as the volume of output at which revenues are equal to a. marginal costs. b. total costs. c. variable costs. d. fixed costs.
Jim plays chess every 3 days, and his friend Marmaduke eats spaghetti every 4 days. One Sunday it happens that Jim plays chess and Marmaduke eats spaghetti. How long will it be before this again...
The December 31, 2021, inventory of Tog Company, based on a physical count, was determined to be $450,000. Included in that count was a shipment of goods received from a supplier at the end of the...
Menlo Company distributes a single product. The companys sales and expenses for last month follow: Total Per Unit Sales $ 308,000 $ 20 Variable expenses 215,600 14 Contribution margin 92,400 $ 6...
Dr. Solo is preparing a single journal entry for December 31, 2022. The bank statement shows a balance of $10,500 on that day. Three checks were made out on that day: one for $250 for medical...
Predicting Gender A study addressed the issue of whether pregnant women can correctly predict the gender of their baby. Among 104 pregnant women, 57 correctly predicted the gender of their baby...
Chamberson Medical Center is comparing their cash flow statements for 2022 to 2021. On the following cash flow form, what would be the cash and cash equivalents for the beginning of the year for...
What concept is important for effective planning and can be seen in various fields, including business and politics?
Refer to Exercise 16.63. Number of years of education of a person whose father had 15years of education.
Which, if any, of the dichloroethene molecules drawn in Data Table II (3.) (4.) and (5.) are geometric isomers? A. B. C. D. cis-1,2-dichloroethene and trans-1,2-dichloroethene...
Indicate whether the following managerial policy increases the risk of a death spiral:Use of low operating leverage for productionGroup of answer choicesTrueFalse
It is typically inappropriate to include the costs of excess capacity in product prices; instead, it should be written off directly to an expense account.Group of answer choicesTrueFalse
Firms can avoid the death spiral by excluding excess capacity from their activity bases. Group of answer choicesTrueFalse

All of the following are assumptions of cost-volume-profit analysis except a. total fixed costs do not change

Question:

Step by Step Answer:

Managerial Accounting For Undergraduates

Students also viewed these Business questions