28. If a firm wished to know the amount by which current sales or projected sales could drop and yet the firm could still be at or above the breakeven point, it should calculate:<\/p>
<\/p>
the degree of operating leverage<\/p>
its annual cost of capital percentage<\/p>
the margin of safety<\/p>
a transfer price<\/p>
the total cost of one unit<\/p>
<\/p>
29. The method of calculating the breakeven point which automatically yields an answer expressed in terms of sales dollars rather than in units or unit volume is called:<\/p>
Group of answer choices<\/p>
the contribution margin per unit method<\/p>
<\/p>
the contribution margin ratio method<\/p>
<\/p>
the graphical method<\/p>
<\/p>
the equation method<\/p>
<\/p>
none of the above<\/p>
<\/p>
30. If a particular firm used the relative sales value method of allocating joint product costs, and produced three final products from a single common raw material with each of those three products having identical sales value percentages relative to the total sales value of all the products combined, then the percentage of the costs associated with the raw material to be allocated to any one of the three final products should be:<\/p>
Group of answer choices<\/p>
33.33 %<\/p>
<\/p>
cannot be determined from the information provided<\/p>
<\/p>
100.00 %<\/p>
<\/p>
25.00 %<\/p>
<\/p>
50.00 %<\/p>
<\/p>
31. In performing a relevant cost analysis:<\/p>
Group of answer choices<\/p>
sunk costs are never considered<\/p>
<\/p>
all of the above<\/p>
<\/p>
opportunity costs may or may not be considered<\/p>
<\/p>
the alternatives should usually be placed on equivalent or comparable time frames<\/p>
<\/p>
future expected costs are considered<\/p>
<\/p>
32. If a firm is trying to establish a transfer price, the options for establishing that transfer price might include which of the following:<\/p>
Group of answer choices<\/p>
a transfer price negotiated by the producing and purchasing segments<\/p>
<\/p>
none of the above<\/p>
<\/p>
full or variable cost<\/p>
<\/p>
current market value<\/p>
<\/p>
all of the above<\/p>
<\/p>
<\/p>", "transcribed_text": "", "related_book": { "title": "Accounting Principles", "isbn": "1119491630, 978-1119491637, 978-0470534793", "edition": "10th Edition", "authors": "Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/54.jpg", "uri": "\/textbooks\/accounting-principles-10th-edition-54", "see_more_uri": "" }, "free_related_book": { "isbn": "1138736295", "uri": "\/textbooks\/making-organizational-change-stick-1st-edition-9781138736290-9781351735766", "name": "Making Organizational Change Stick", "edition": "1st\u00a0Edition" }, "question_posted": "2024-06-29 02:31:19", "see_more_questions_link": "\/study-help\/questions\/business-finance-2024-September-13", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/use-the-binomial-series-to-expand-the-function-as", "description": "Use the binomial series to expand the function as a Maclaurin series and to find the first three Taylor polynomials T1, T2, and T3. Graph the function and these Taylor polynomials in the interval of...", "stars": 3 }, { "url": "\/study-help\/psychology\/describe-the-following-approaches-to-evaluation-the-cipp-context-input-1980030", "description": "Describe the following approaches to evaluation: the CIPP (context, input, process, product) model, responsive evaluation, theory-based evaluation, impact evaluation, participatory evaluation,...", "stars": 3 }, { "url": "\/bostons-famous-limoges-restaurant-is-open-24-hours-a-day", "description": "Boston's famous Limoges Restaurant is open 24 hours a day. Servers report for duty at 3 A.M., 7 A.M., 11 A.M, 3 P.M., 7 P.M., or 11 P.M., and each works an 8-hour shift. The following table shows the...", "stars": 3 }, { "url": "\/study-help\/questions\/the-incoming-cash-flows-amounting-p-5-0-0-9862858", "description": "The incoming cash flows amounting P 5 , 0 0 0 at the start of the 2 year andP 1 0 , 0 0 0 at the start of the 6 year were expected. It was also projected thatthe interest rate will rise from 7 % over...", "stars": 3 }, { "url": "\/study-help\/intermediate-accounting\/topanga-group-began-operations-early-in-2021-inventory-purchase-information-799642", "description": "Topanga Group began operations early in 2021. Inventory purchase information for the quarter ended March 31, 2021, for Topanga?s only product is provided below. The unit costs include the cost of...", "stars": 3 }, { "url": "\/study-help\/questions\/swot-analysis-on-the-issue-of-staffing-was-identified-as-1186487", "description": "SWOT analysis on the issue of staffing was identified as another area of concern for the company's operation with multifactorial consequences; compounded by the organization's lengthy hiring,...", "stars": 3 }, { "url": "\/study-help\/questions\/what-are-the-factors-affecting-organisation-structure-8887908", "description": "What are the factors affecting organisation structure?", "stars": 3 }, { "url": "\/study-help\/questions\/what-are-the-features-of-management-8887909", "description": "What are the features of Management?", "stars": 3 }, { "url": "\/study-help\/questions\/briefly-explain-the-advantages-of-management-by-objectives-8887910", "description": "Briefly explain the advantages of 'Management by Objectives'", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/please-include-an-explanation-thank-you-question-17-what-type-4449166", "next": "\/study-help\/questions\/micro-products-inc-has-developed-a-very-powerful-electronic-calculator-4449168" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "28. If a firm wished to know the amount by which current", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/28-if-a-firm-wished-to-know-the-amount-by-4449167" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } }d": "1" } }