Which of the following does not represent a cost-volume-profit analysis equation? a. Contribution margin - fixed expenses - profit = 0 %3D b. Profit = contribution margin + fixed expenses Sales + fixed expensas+ profit = contribution margin + sales C. O d. Sales= total expenses + profit O e. Sales- fixed expenses - variable expenses 0 %3D CLEAR MY CHOICE

Which of the following does not represent a cost-volume-profit analysis equation? a. Contribution margin - fixed expenses - profit = 0 %3D b. Profit = contribution margin + fixed expenses Sales + fixed expensas+ profit = contribution margin + sales C. O d. Sales= total expenses + profit O e. Sales- fixed expenses - variable expenses 0 %3D CLEAR MY CHOICE

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Description: Which of the following does not represent a cost-volume-profit analysis equation?O a.Contribution margin - fixed expenses-profit = 0b. Profit = contribution margin + fixed expensesSales + fixed expensas + profit = contribution margin + salesO d. Sal

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter7: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 8MCQ: The contribution margin is the a. amount by which sales exceed total fixed cost. b. difference...

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The contribution margin is the a. amount by which sales exceed total fixed cost. b. difference between sales and total cost. c. difference between sales and operating income. d. difference between sales and total variable cost. e. difference between variable cost and fixed cost.
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
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…
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
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 amount of a unit’s sales price that helps to cover fixed expenses is its ________.A. contribution marginB. profitC. variable costD. stepped cost
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
At break even point: a) sales - contribution margin = net income or net loss b) sales - fixed expenses = variable expenses c) sales + variable expenses = contribution margin d) contribution margin + fixed expenses = net income