2-What are the three primary types of cost behavior and how do they differ?

3-Give an example of variable cost.

4-Give an example of a fixed cost

5- Give an example of a mixed cost

6- What is the contribution margin?

11-What is the breakeven point?

12-How do you compute the breakeven point in dollars? Exercises and problems 1, 2, 3, 4 (replace your workplace with pizza shop), 5, 9, 10 1-Classify the following costs as fixed, variable, or mixed. a) Building depreciation b) Employee wages c) Ticket printing costs d) Manager salaries e) Utilities f) Food and beverage costs g) Grounds maintenance h) Movie licensing fees

2- Classify the following costs as fixed, variable or mixed.

a) Janitorial services

b) Paper and ink costs

c) Advertising

d) Equipment depreciation

e) Repair and maintenance

f) Delivary driver salaries: Variable cost

g) Sales force commessions :

h) News wire fees.

3- Fill in the missing components for each of the following profit-planning formulas:

a) Contribution Margin Ratio (%)= --------------------divided by Unit Sales Price

b) Net Income =---------------- -Total Fixed costs

c) ---------------------= Total Fixed Costs Divided by Contribution Margin Ratio(%).

d) Contribution Margin Per Unit= Unit Sales Price - --------

e) Breakeven point( in Units) = Total Fixed cost divided by ---------------

f) Total contribution Margin = ----------------------x sales volume (in units)

g) Total Sales = ------------ x sales volum ( in Units)

h) Total Costs = Total Fixed Costs + ------------------------------------

4- Medical office a) Identify ten specific costs ( for example, rent, and wages) that the office will incur.

b) Classify each cost that you identified in part one as a variable, fixed or mixed and justify your classification.