1. Cost-volume prof analysic is usefulfor A) helping managers to answer "what-il" questions. B) implamenting a ditferentition strategy. C) ciminating uncertainty about external factors, such as interest rates. D) for long-range planning E) assigning costs to products 2. Schuppener Company selh ts only product for $18 per unt, variable production costs are $6 par unt, and variable seling and administrative costs are 33 per unit, foxed costs for 10,000 units are 510,000. The contribution margin is A) 512 per unht B) 59 per unt C) Sil per unt D) 5 per unit. E) $18 per unt 3. A the breakeven point of 200 units, yariable costs total 5400 and fored costs total 3800 . The 201 st unit sold will contribute to protes. (4) 51 8) 52 c) 53 b) 55 E) 56 4 Which of the lakawng is an assuingtion of CV? arialyas? A) Costs muat be separated into separale foced and varibbe components 9) Total revenues and total costs are curvilnegr in relation to output unts C) Given revenue miaxed of products is dynatic 0) There wa be a change betwenn begring and ending leveis of inventory. E) The time value of money mast be taken into account. 5. The foxed costs equalS18,000, operating income equals $6,000, and the number of units sold equals 1,000 . The break-even point in units is A) 300 B) 750 C) 30 D) 24 Chapter 10 1. Which of the following is an equation of a variable cost function? A) Y=ax+bx B) Y=a+bx C) Y=b D) Y=a E) Y=bx 2. The cost function y=1,000+5x A) has a slope coefficient of 1.000 B) is curvlinear because of the 5X C) is a straight line D) represents a foxed cost E) is missing the slope coefficient. 3 For February, the cost components of a picture frame include 50.25 for the glass. 5.65 for the wooden frame, and $0.80 for assembly. The assembly desk and tools cost $500,1,000 frames are expected to be produced in the coming year. What cost function best represents these costs? A) y=170+500x B) y=500+170x C) y=210+1,000x D) y=90+500x E) y=500+0.90x 4. At the high point of the relevant range, labour hours at Fredericton Restoration were 10,000 and wages were $22,500. At the low point of the relevant range; labour hours were 7,500 and wages were $17,500 Using the high-bw method determine the siope coefficient per labour hour at Fredericton Restoration? A) 5525 B) $400 C) 5200 D) 50.50 E) 5025 5 The demand for Nogara Glass Corpany's products varies. Each order is one window, and each Whoow takes 26 minutes to instat. Assumng the wat time is 12 minutes and order receipt tirne equals 21 minutes, what is the cycle time for an order on average? A) 21 minutes B) 26 mirutes C) 36 minutes D) 41 minutes E) 59 minutes 1. Cost-volume prof analysic is usefulfor A) helping managers to answer "what-il" questions. B) implamenting a ditferentition strategy. C) ciminating uncertainty about external factors, such as interest rates. D) for long-range planning E) assigning costs to products 2. Schuppener Company selh ts only product for $18 per unt, variable production costs are $6 par unt, and variable seling and administrative costs are 33 per unit, foxed costs for 10,000 units are 510,000. The contribution margin is A) 512 per unht B) 59 per unt C) Sil per unt D) 5 per unit. E) $18 per unt 3. A the breakeven point of 200 units, yariable costs total 5400 and fored costs total 3800 . The 201 st unit sold will contribute to protes. (4) 51 8) 52 c) 53 b) 55 E) 56 4 Which of the lakawng is an assuingtion of CV? arialyas? A) Costs muat be separated into separale foced and varibbe components 9) Total revenues and total costs are curvilnegr in relation to output unts C) Given revenue miaxed of products is dynatic 0) There wa be a change betwenn begring and ending leveis of inventory. E) The time value of money mast be taken into account. 5. The foxed costs equalS18,000, operating income equals $6,000, and the number of units sold equals 1,000 . The break-even point in units is A) 300 B) 750 C) 30 D) 24 Chapter 10 1. Which of the following is an equation of a variable cost function? A) Y=ax+bx B) Y=a+bx C) Y=b D) Y=a E) Y=bx 2. The cost function y=1,000+5x A) has a slope coefficient of 1.000 B) is curvlinear because of the 5X C) is a straight line D) represents a foxed cost E) is missing the slope coefficient. 3 For February, the cost components of a picture frame include 50.25 for the glass. 5.65 for the wooden frame, and $0.80 for assembly. The assembly desk and tools cost $500,1,000 frames are expected to be produced in the coming year. What cost function best represents these costs? A) y=170+500x B) y=500+170x C) y=210+1,000x D) y=90+500x E) y=500+0.90x 4. At the high point of the relevant range, labour hours at Fredericton Restoration were 10,000 and wages were $22,500. At the low point of the relevant range; labour hours were 7,500 and wages were $17,500 Using the high-bw method determine the siope coefficient per labour hour at Fredericton Restoration? A) 5525 B) $400 C) 5200 D) 50.50 E) 5025 5 The demand for Nogara Glass Corpany's products varies. Each order is one window, and each Whoow takes 26 minutes to instat. Assumng the wat time is 12 minutes and order receipt tirne equals 21 minutes, what is the cycle time for an order on average? A) 21 minutes B) 26 mirutes C) 36 minutes D) 41 minutes E) 59 minutes