Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please anwser all, thank you! Given the following notations, what is the breakeven point in units? O VC/(SP-FC) OSP / (FC/VC) O FC / (SP-VC)

image text in transcribed

image text in transcribedimage text in transcribed

Please anwser all, thank you!

Given the following notations, what is the breakeven point in units? O VC/(SP-FC) OSP / (FC/VC) O FC / (SP-VC) O FC/(1-(VC/SP)] Question 3 The cost of online backup storage at a rate of P2.50 per gigabyte, up to 50 gigabytes, beyond which storage is unlimited. Which graph best represents this type of cost? Statement l: A variable production cost incurred after split-off is relevant in a decision regarding whether the product should be processed further or not. Statement II: Bottleneck resource is a particular resource or operation where capacity is more than the demand placed upon it. Only Statement II is True Both Statements are True o Both Statements are False Only Statement is True Question 11 Statement l: The theory about CVP analysis states that total variable costs remain the same over a relevant range. Statement II: In a profit-volume graph, the intersection of the profit line with the vertical axis provides a loss equal to the fixed costs. Only Statement II is True Only Statement is True Both Statements are True o Both Statements are False Which of the following is/are TRUE? 1. Advertising costs of Nike are considered fixed product costs. 11. Plant insurance costs of Levi Strauss are considered fixed period costs. III. Tires used in manufacturing Subaru are variable product costs. IV. Sales commissions of agents are fixed period costs. None of the above. o I, II and III are correct. o III and IV are correct Only Ill is correct

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

23rd Edition

978-0324662962

More Books

Students also viewed these Accounting questions