Adocs.google.com What Is Element of Co March April And May Sales Are... Monday Class July 13 TEST 2 -amped LACCT 301 TEST 2 LINK-jasraj. 22. If the contribution margin is $55,000, the total variable expense is $30,000, and the Fixed cost is $15,000. Then Total Profit is: 40,000 25,000 10,000 15,000 23. In the case of a Special Order, the 'Special Selling Price can be lower than the Variable Cost True False 24. Contribution less Variable Cost is Profit Monday Class July 13 TEST 2 ACCT 30 TEST 2 LINK-jasa... True False 28. Sales Price per unit = 6, Variable cost-2. Fixed cost = 12,000. What is the breakeven point in units? 2,000 6,000 3.000 Cannot be determined 29. Sales Price per unit = 6, Variable cost = 3. Fixed cost = 12,000. What is the breakeven point in $'s? C 2.000 6,000 4,000 Cannot be determined 30. Contribution Margin For Cannot be uele 30. Contribution Margin Format is ideal for EXTERNAL REPORTING PURPOSES True False 31. In Contribution Margin Format, Unit in inventory will only carry the variable costs of mfg. True False 32. The higher the uncertainty of the project's cash flows, lower will be the discount rate, True False 33. BREAKEVEN SALES ON UNITS) - VARIABLE What is March April And May Sales Are Monday Class July 13 TEST 2 LACCT 301 TEST 2 LINK-jatraj. False 36. Capital budgeting and budgeting are the same concepts. True False 37. A fixed cost that is traceable to a product is part of product cost? True False 38. Allocated Fixed cost is considered for decision making? True False 39. Total Sales is $80.000