Answered step by step
Verified Expert Solution
Question
1 Approved Answer
checking if these are right or not A Variable costs are costs that remain constant on a per-unit basis as the level of acti I
checking if these are right or not
A Variable costs are costs that remain constant on a per-unit basis as the level of acti I rue B. False 25 owing budgets provides the starting point for the preparation of the direct labor cost buduer Direct materials purchases budget B. Labor budget G Cash budget DProduction budget If fixed costs are $650,000 and the unit contribution margin is $30, the sales necessary to earn an 26 operating income of $30,000 are 14,000 units. nie alse 27The budgelary unit of an organization which is led by a mannger who has both the authority over and responsibility for the unit's perfornance is known as a A. control center B. managerial department udgetary area D Jresponsibility center Cost-volume-protit analysis ean be presented in both equation form and graphic form. 28 A. True B. False A rental cost of 520.000 plus $.70 per machine hour of use is an example of a mixed c TISE B. False 30 is termed A variant of fiscal-year budgeting whereby a twelve month projection into the future is maintained at all times A. flexible budgeting master budgeting tinuous budgeting zero-based budgeting sales are S820.000, variable costs are 45% of sales, and operating income is S260000, what is the contribution margin ratio? A. 45% C. 5 D. 62% 32 C As production increases, what should happen toute variable costs per unit? A. Stay the same B Fither inerease or decrease. depending on the fixed costs nereast Page 5 of 7Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started