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Answer the following: 1.  The slope of line A is equal to the:  a. fixed cost per unit. b. selling price per unit. c. profit per unit. d. semivariable cost per unit. e. unit contribution margin.   2. Line C represents the level of:  a. fixed cost. b. variable cost. c. semivariable cost. d. total cost. e. mixed cost.

Answer the following: 1.  The slope of line A is equal to the:  a. fixed cost per unit. b. selling price per unit. c. profit per unit. d. semivariable cost per unit. e. unit contribution margin.   2. Line C represents the level of:  a. fixed cost. b. variable cost. c. semivariable cost. d. total cost. e. mixed cost.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Answer the following:

1.  The slope of line A is equal to the: 

a. fixed cost per unit.
b. selling price per unit.
c. profit per unit.
d. semivariable cost per unit.
e. unit contribution margin.
 
2. Line C represents the level of: 
a. fixed cost.
b. variable cost.
c. semivariable cost.
d. total cost.
e. mixed cost.
 
3. Line B represents the level of:
a. fixed cost.
b. variable cost.
c. semivariable cost.
d. total cost.
e. mixed cost.
 
4. The slope of line B is equal to the:
a. fixed cost per unit.
b. selling price per unit.
c. variable cost per unit.
d. profit per unit.
e. unit contribution margin.
 
5.  Line A is the: 
a. total revenue line.
b. Option 2
c. fixed cost line.
d. variable cost line.
e. total cost line.
f. profit line.
Cost-Volume-Rofit Graph A $100,000 H G B 80,000 60,000 E F 40,000 D 20,000 1,000 2,000 3,000 4,000 5,000 Uhits
Transcribed Image Text:Cost-Volume-Rofit Graph A $100,000 H G B 80,000 60,000 E F 40,000 D 20,000 1,000 2,000 3,000 4,000 5,000 Uhits
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