ACC/560 ACC560 ACC 560 WEEK 5 QUIZ
- strayer university / ACC 560
- 06 Sep 2017
- Price: $10
- Other / Other
ACC 560 WEEK 5 QUIZ
Week 5 Quiz
- Question 1
In a CVP income statement, cost of goods sold is generally |
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- Question 2
The contribution margin ratio is |
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- Question 3
Margin of safety in dollars is |
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- Question 4
Sales mix is |
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- Question 5
A company with a higher contribution margin ratio is |
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- Question 6
The equation which reflects a CVP income statement is |
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- Question 7
If the activity level increases 10%, total variable costs will |
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- Question 8
Weatherspoon Company has a product with a selling price per unit of $200, the unit variable cost is $110, and the total monthly fixed costs are $300,000. How much is Weatherspoon’s contribution margin ratio? |
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- Question 9
To which function of management is CVP analysis most applicable? |
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- Question 10
Gall Manufacturing sells a product for $50 per unit. The fixed costs are $840,000 and the variable costs are 60% of the selling price. As a result of new automated equipment, it is anticipated that fixed costs will increase by $200,000 and variable costs will be 50% of the selling price. The new break-even point in units is: |
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