:All of the following represents a cost-volume-profit relationship except Total contribution margin + variable expenses = variable expenses + fixed expenses + profit a O Sales - Variable expenses = fixed expenses + profit .b O Sales = total expenses + profit .c O Sales - variable expenses + profit = fixed expenses .dO Profit = total contribution margin -fixed expenses .e

:All of the following represents a cost-volume-profit relationship except Total contribution margin + variable expenses = variable expenses + fixed expenses + profit a O Sales - Variable expenses = fixed expenses + profit .b O Sales = total expenses + profit .c O Sales - variable expenses + profit = fixed expenses .dO Profit = total contribution margin -fixed expenses .e

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 1MC: The amount of a units sales price that helps to cover fixed expenses is its ____________________. A....

See similar textbooks

Similar questions

All of the following represents a cost-volume-profit relationship except: a. Total contribution margin + variable xpenses = variable expenses + fixed expenses profit b. Sales = totalexpe expenses + profit O cSales - variable senses + profit = fied expenses O d. Profit = totalcontri contribution margin- fixed expenses O e Sales - Variable expenses = fixed expenses + profit
All of the following represents a cost-volume- profit relationship except: a. Total contribution margin + variable expenses = variable expenses + fixed expenses + profit b. Sales = totalexpenses + profit C. Sales - Variable expenses enses = fixedexpel expenses - profit d. Sales - variable expenses - profit = fixed expenses e Profit = totalcontril contribution margin - expenses
All of the following represents a cost -volume -profit relationship except : a. Profit = totalcon contribution margin - fixed expenses b. Sales = totalexpenses + profit c. Sales - Variable expenses = fixed expenses - profit d. Sales - variable expenses - profit = fixed expenses e. Total contribution margin + variable expenses = variable expenses + fixed expenses + profit
1. To compute the breakeven point using the contribution margin, we get the ratio of a. Total fixed expenses and Total contribution margin b. Total variable expenses and Total Contribution margin c. Total fixed expenses and Contribution margin per unit d. Total variable expenses and Contribution margin per unit 2. A mathematical expression that describes a breakeven point of a company is a. Sales Revenue = Variable expenses + Fixed expenses b. Sales Revenue = Variable expenses - Fixed expenses c. Sales Revenue < Variable expenses + Fixed expenses d. Sales Revenue > Variable expenses - Fixed expenses 3. The Cost-Volume-Profit equation is given by a. Sales Revenue = Profits + Contribution margin ratio + Fixed expenses b. Sales Revenue = Profits + Contribution margin + Fixed expenses c. Sales Revenue = Profits+ Variable expenses + Fixed expenses d. Sales Revenue = Profits -Variable expenses…
Which of the following does not represent a cost -volume -profit analysis equation a. Sales = totale expenses + profit b. Sales + fixed expenses profit = contribi argin + sales c. Profit = contrib contribution margin - fixed expenses d. Contribution margin- fixed expenses - profit 0 e. Sales - fixed expenses - variable expenses ses = 0
Which of the following ratios indicates the percentage of each sales dollar that is available to cover fixed costs and to provide a profit? a. costs and expenses ratio b. contribution margin ratio c. margin of safety ratio d. profit ratio
The amount of a unit’s sales price that helps to cover fixed expenses is its ________.A. contribution marginB. profitC. variable costD. stepped cost
What ratio indicates the percentage of each sales dollar that is available to cover fixed costs and to provide a profit? A. Margin of safety ratioB. Contribution margin ratioC. Costs and expenses ratioD. Profit ratio
2. Contribution margin is equal to a. Sales - Fixed expenses b. Sales - Selling expenses c. Sales - Admin. expenses d. Sales - Variable expenses
The variable expense ratio equals: Multiple Choice a) Sales ÷ contribution margin. b) Sales ÷ variable expenses. c) Variable expenses ÷ sales. d) Variable expenses ÷ contribution margin.
When Total Contribution magrin equals total fixed costs, this indicates operating income True False
In the cost-volume- profit graph (above), what is represented by the point marked "B"? Question 2 options: Breakeven point Fixed expenses Operating income area Operating loss area