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Need some help with my accounting homework! Just questions 1-11 Question 1 Breakeven is defined as the point at which equals Space to move this
Need some help with my accounting homework! Just questions 1-11
Question 1 Breakeven is defined as the point at which equals Space to move this question. Question 2 The contribution margin is equal to minus Question 3 The Woodinville Town Concern Band has fixed costs of $500 per concert and variable costs of $1.00. If they raise ticket price from $2.00 to $3.00, how will that affect the breakeven quantity? The breakeven quantity will Question 4 Breakeven analysis for multiple products requires a approach. Question 5 The contribution margin must be a positive number for the organization to have any chance of to move this question. Question 6 If you are trying to determine the cost of third-grade classes in an elementary school, the principal's salary is: . Indirect and fixed Direct and fixed Direct and variable Indirect and variable None of these are correct . Question 7 Whether the cost is considered direct or indirect cost depends on: The cost objective Who is doing the analysis The timeframe of the analysis Whether costs are inside or outside an organizational unit . Question 8 An increase in the level of service will have the following effects: . . Unit variable cost remains constant and unit fixed costs decrease Increase unit variable cost and decrease unit fixed cost Unit variable cost remains constant and unit fixed cost remains constant Decrease unit variable cos and unit fixed cost remains constant Question 9 Marginal costs are not equal to variable costs when: . There is a change in fixed costs The timeframe for a decision is more than one year There is excess capacity Some costs are outside an organizational unit making the decision . Question 10 The Foundation's accounting manager prepares reports about the Foundation's grant making, investments, and general administrative activities. The cost of her salary and fringe benefits would be included as a: . Indirect cost Direct cost Variable cost . Question 11 If the contribution margin for a coffee shop stays constant and its fixed costs increase because of the rent increase from $8,000 to $12,000, what happens to the coffee shop's break-even quantity? . Increases Decreases Stays the same
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