Q Search . . . NM X . . . Activity Example_Questions_Final.pdf Close Which of the following statements around full costing vs. variable costing is/are true? Chat o Full costing is the more suitable approach for long-term decisions Full costing underestimated the impact of volume changes on profits Full costing does not aim towards full cost coverage Teams Variable Costing overestimates the impact of volume changes on costs Assignments Which of the following statements around full costing vs. variable costing is/are true? O Variable costing is the more suitable approach for short-term decisions Full costing underestimates the impact of volume changes on costs Calendar Full costing aims towards ensuring full cost coverage Variable costing underestimates the impact of volume changes on profits Calls Which of the following statements around cost allocation & transparency is/are true? Costs allocated to products based on overhead surcharges (instead of directly) should be as high as possible Files O Costs allocated to products directly (instead of indirectly) should be as low as possible O Low overhead surcharges are usually a sign of high transparency around product . . . costs O High overhead surcharges are usually a sign of high transpancy around product costs Apps Which of the following statements around the degree of operating leverage is/are true? A high degree of operating leverage is a sign of high fixed costs compared to variable costs A high degree of operating leverage indicates a strong impact of volume changes on profits O A low degree of operating leverage is a sign of a low contribution margin ratio 0 A high degree of operating leverage indicates only a weak impact of volume changes on profits (?) Help O X W ~ 50 (7 1 ) ENG 5:34 PM Type here to search 12/7/2022Q Search . . . NM X Example_Questions_Final.pdf Close . . . Activity Chat Which of the following statements around the degree of operating leverage is/are true? O A low degree of operating leverage is a sign of high fixed costs compared to variable costs Teams O A low degree of operating leverage indicates a strong impact of volume changes on profits O A high degree of operating leverage is a sign of a high contribution margin ratio O Assignments A low degree of operating leverage indicates only a weak impact of volume changes on profits Calendar Which of the following statements around cost allocation & transparency is/are true? O Costs allocated to products based on overhead surcharges (instead of directly) should be as low as possible O Calls Costs allocated to products directly (instead of indirectly) should be as high as possible O Low overhead surcharges are usually a sign of low transparency around product costs Files O High overhead surcharges are usually a sign of high transpancy around product costs . . . Apps (?) V 3 of 6 O Help Type here to search O W ~ 50 (7 1) ENG 5:35 PM 12/7/2022Q Search . . . NM X Activity Example_Questions_Final.pdf Close . . . Chat An increase of planned capacity by 10% at the same fixed costs.. O increases overhead surcharges by approx. 10% Teams O decreases overhead surcharges by approx. 10% increases overhead surcharges by approx. 11% oo Assignments decreases overhead surcharges by approx. 11% An increase of planned capacity by 10% at the same fixed costs.. Calendar O increases overhead surcharges by approx. 10% decreases overhead surcharges by approx. 10% increases overhead surcharges by approx. 9,1% Calls decreases overhead surcharges by approx. 9, 1% Files A decrease of planned capacity by 20% at the same fixed costs... O increases overhead surcharges by approx. 20% O decreases overhead surcharges by approx. 20% . . . increases overhead surcharges by approx. 16,7% O decreases overhead surcharges by approx. 16,7% Apps A decrease of planned capacity by 20% at the same fixed costs.. O increases overhead surcharges by approx. 20% decreases overhead surcharges by approx. 20% OOO increases overhead surcharges by approx. 25% decreases overhead surcharges by approx. 25% (?) Help Type here to search O X W ~ 50 (7 1) ENG 5:36 PM 12/7/2022Q Search . . . NM X . . . Activity Example_Questions_Final.pdf Close Chat Which of the following statements around the break-even point is/are true? Teams O The assumed impact of volume changes on costs and profits is based on variable costs, price and contribution margin only Calculating the break-even point is based on full costing, including Assignments fixed costs proportionally on a product level O For calculating the contribution margin you need to deduct the COGS from Calendar the price of the product O For break-even point calculations fixed costs are assumed to be independent from volume Calls Which of the following statements around the break-even point is/are true? The assumed impact of volume changes on costs and profits is based on Files variable costs, price and contribution margin only O Calculating the break-even point is based on full costing, including . . . fixed costs proportionally on a product level For calculating the contribution margin you need to deduct the variable costs from the price of the product O Apps For break-even point calculations fixed costs are assumed to be independent from volume (?) Help Type here to search O X W ~ 50 (7 1) ENG 5:36 PM 12/7/2022Q Search . . . NM X Close . . . Activity Example_Questions_Final.pdf Chat Teams Which of the following statements around the break-even point is/are true? 0 The assumed impact of volume changes on costs and profits is based on variable costs, price and contribution margin only Assignments Calculating the break-even point is based on variable costing, not including fixed costs proportionally on a product level O For calculating the contribution margin you need to deduct the COGM from Calendar the price of the product For break-even point calculations fixed costs are assumed to vary Calls with volume Which of the following statements around the break-even point is/are true? Files The break-even quantity of a company selling only one product with EUR 640k of fixed costs and a contribution margin per part of EUR 16.- is at 30,000 parts Even a product with a negative contribution margin can get a company to a net . . . profit, if volume is high enough O Using break-even formulas for target profit calculations, the desired profit can be treated as a component of fixed costs O The break-even point and planned capacity for calculating overhead surcharges are usually at the same volume Apps (?) 6 of 6 O Help Type here to search O w ~ 50 (7 1) ENG 5:36 PM 12/7/2022