Bulldogs Inc. wants to determine the impact of the change in selling price of its sole product in relation to the analysis of its gross profit. Which of the following must the company determine? * C O Volume Variance O Sales Price Variance O Sales Volume Variance O Cost Price Variance

Q: Which of the following variances can be derived when the difference of the last year's selling price…

A: Answer - (B) Sales Volume Variance can be derived when the difference of the last year's selling…

Q: Which one of the following is not considered an assumption of cost-volume-profit analysis? a.…

A:

Q: TRUE OR FALSE Production volume variance is adjusted to the cost of goods sold to get the cost of…

A: Production volume variance is the difference between actual and budgeted overhead. Under variable…

Q: How can the concept of a composite unit be used to explain why an unfavorable total sales-mix…

A: Sales mix variance: The difference between a budgeted and actual sales mix. Sales mix is a…

Q: Management accounting uses variance analysis to explain what and why something happened in the cost…

A: In costing, Variances is the difference between the budgeted, planned, actual cost. This variance…

Q: Prepare an analysis of the sales quantity and unit price factors  did the price decrease generate…

A: Sales quantity factor = (Actual Quantity - planned Quantity) * Planned Sales Price Sales quantity…

Q: Which of the following statements is true regarding a company's segment margin? It is primarily used…

A: Solution: The true statement regarding a company's segment margin is that "It is primarily used to…

Q: The production manager wants to achieve real and permanently decrease in the unit cost of the…

A: A planned constructive solution to reducing spending is cost reduction. Cost reduction is described…

Q: Which of the following statements is false? * . The sum of the sales price variance and sales volume…

A: Statement 1 is true. Sales value variance is equal to sum of Sales price variance and Sales volume…

Q: Why should a production-volume variance (PVV) that is material be prorated among work-in-process,…

A: Approximating the allocation of fixed costs based on actual output and actual costs so it is not…

Q: As compared with the FIFO method of costing inventories,does the LIFO method result in a larger or…

A:

Q: Which of the following formulas is used to calculate the contribution margin ratio? (Sales − Fixed…

A:

Q: Why should a company calculate price and efficiency variances?

A: SOLUTION- STANDARD COST INCLUDES DETERMINATION OF VARIANCES (PRICE & EFFICIENCY BOTH) WITH…

Q: What is the sale price variance under 3-way analysis?  Sponge Inc. presents the following amounts…

A: Sales variance is the difference between actual sales revenue and budgeted sales revenue. It can be…

Q: Which one of the following is not considered an assumption of cost-volume-profit analysis? a. Costs…

A: Cost volume profit analysis is also known as CVP analysis. It shows how profits of the organisation…

Q: The dollar amount of sales needed to achieve a target operating income is computed by…

A: The contribution margin is calculated as excess of sales revenue over variable expenses.

Q: Identify the cause of an unfavorable variance in profit. a.Actual labor cost is lower than budget…

A: The variance is the difference between the actual data and standard output of the production.

Q: Under variable costing, which of the following costs are assigned to inventory?  Variable Selling &…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Which of the following would lead to the breakeven point of a product shifting to the left on a…

A: Break-even analysis is done in order to find out at what point the total cost will be equal to the…

Q: What are the relationships among a selling price variance, a sales mix variance, a sales…

A: Definition: Variance: Variance refers to the different levels in the actual cost incurred and…

Q: he following sentences relate to achieving the financial goal of cost minimization. Which of the…

A: Cost minimization is a concept by which producers try to figure out how costs should be reduced.…

Q: Help question 28

A: Operating leverage: It is a financial ratio that measures a company’s operating income to its sales…

Q: An analyst is constructing a simple model to determine the gross and net profit of a product, given…

A: Profit per unit = $ 4 Quantity = 11,700  Units   Therefore        Gross profit = Profit per…

Q: Target costing A target cost is 'a product cost estimate derived by subtracting the desired profit…

A: Target costing: A costing system that emphasizes on the minimization of existing and future design…

Q: Which one of the following is not considered an assumption of cost-volume-profit analysis? a. Costs…

A: Cost - volume - profit analysis  It is used to determine the changes in cost and volume of sales…

Q: 1. Explain the total sales volume variance for a period. How can this total variance be…

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: Which of the following is the indicator of the rate at which company is earning profit? Select one:…

A: Ratio Analysis Each  items in the financial statements of an enterprise is compared by using ratio…

Q: Cost-Volume-Profit graph contains an "Area of Loss" and an "Area of Profitability". Which of the…

A: Meaning of Cost Volume-profit graph Cost Volume profit graph is also shortly called as CVP graph. It…

Q: What is the sales price variance?

A: Variance: The difference between the actual cost or price and the budgeted (standard) cost or price…

Q: Which of the following statements about CVP analysis is false? O a. Unit selling price, unit…

A: CVP analysis appearance at the impact of sales volume variations on prices and operative profit. The…

Q: Which tool can be used to easily calculate the change in profit resulting from a change in sales…

A: Cost-volume-profit analysis: Cost-Volume-Profit Analysis (CVP analysis), also commonly referred to…

Q: A company can use cost-volume-profit analysis to determine the level of sales required to earn a…

A: CVP Analysis Equation Profit = Revenue – Fixed Costs – Variable Costs

Q: TRUE OR FALSE Net income under variable costing is closely tied to changes in sales levels.

A: Fixed cost remains same under the variable costing. No matter how much units are produced, the total…

Q: T, F. In a make or buy short-run decision situation, the critical element to consider is whether the…

A: As posted multiple independent questions we are answering only first question kindly repost the…

Q: The sales mix factor shows a variance of

A: Variance measures the variation which has been occurred during the period when the current results…

Q: Net operating income fluctuates directly with changes in sales volume.       Fixed production and…

A: Answer:- correct option is  Unit product costs can change as a result of changes in the number of…

Q: Which of the following statements about CVP analysis is false? O a. Operating income calculations in…

A: CVP analysis estimates the how much the changes in a company's cost, both fixed and variable, sales…

Q: Which of the following is true?       Multiple Choice   If a company has an unfavorable spending…

A: The variance is the difference between the actual data and standard output of the production.

Q: The measure that reflects an organization's variable and fixed cost relationship and indicates how a…

A: Break even point (BEP): Breakeven is the point where total expenses are equal to total revenue. at…

Q: Help question 26

A: False. Price variance is the difference between the Standard price of the input and actual price of…

Q: Which of the followings is not correct about cost-based pricing? Select one: a. Total fixed costs…

A: Cost based pricing is the method to set selling price based on the cost. To get selling price,…

Q: Variable costing has an advantage over absorption costing for which of the following purposes? all…

A: Under variable costing, the product cost consists of the variable cost incurred and total fixed cost…

Q: What is an example of a company and product that uses variance analysis

A: Companies use variance analysis to compare its actual cost with its budgeted cost or standards set…

Q: Gross profit variance analysis can be used to study the effect of:    a. Changes in cost of goods…

A: Gross profit is the gross income/revenue left after deducting the cost of goods sold from the net…

Q: Which of the following is not an assumption underlying cost-volume-profit analysis?

A: Cost Volume Profit analysis- This analysis helps in understanding the cost and profit based on the…

Q: An analyst is constructing a simple model to determine the gross and net profit of a product, given…

A: Gross profit means the difference between the sale revenue and cost of goods sold where as net…

Loanable Funds Theory

The loanable funds theory is a neoclassical theory that determines the interest rate where the demand for loanable investments and supply of loanable funds intersect. To determine the interest rate, this theory employs linear regression and a demand curve. At the equilibrium point, demand for borrowings and demand for the issuance of borrowing funds are inextricably linked. This point of equilibrium should equalize demand and the supply of money available for borrowing.