The amount of a units sales price that helps to cover fixed expenses is its ________. A.

Question:

The amount of a unit’s sales price that helps to cover fixed expenses is its ________.

A. Contribution margin

B. Profit

C. Variable cost

D. Stepped cost

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Principles Of Accounting Volume 2 Managerial Accounting

ISBN: 9780357364802

1st Edition

Authors: OpenStax

See More Books

Question Posted: Jul 19, 2023 05:49 AM

See More Questions

A firm maximizes it profit by setting its: Total revenue equal to total cost and earn zero economic profit producing at a point with the highest distance betweeb total revenue and totel cost curves...
CONTRIBUTION IN MARGINAL COSTING Contribution is the difference between sales and variable cost or marginal cost of sales. It may also be defined as the excess of selling price over variable cost per...
Lee High, the newly hired cost accountant, computes the variable cost and the fixed cost per unit at a volume of 500 units of Great Heath per week. He uses this information to develop some guidelines...
On the basis of the given scenario create a file Expenses.txt, Open the file and copy it into another Expenses2.txt, Also show output on screen A college has announced a total budget of 50,000Rs.for...
Is time unpredictable? What did the carpenter mean?
Describe the two different types of information systems, and give an example of how each might help a particular business.
The four alternatives described below are being evaluated: The Incremental IRRs are: a. If the alternatives are independent, which one(s) should be selected if $M A R R=15.5$ percent/year? b. If...
Hendricks Corporation purchased trading investment bonds for $50,000 at par. At December 31, Hendricks received annual interest of $2,000, and the fair value of the bonds was $47,400. Prepare...
2) Rolf throws a small bouncy ball of mass 52.0 g with speed 15.1 m/s. The ball bounces off a wall, rebounding at 13.8 m/s. The ball is in contact with the wall for 2.25 milliseconds (2.25 ms). Find...
Define and explain contribution margin on a per unit basis.
A scatter graph is used to test the assumption that the relationship between cost and activity level is ________. A. Curvilinear B. Cyclical C. Unpredictable D. Linear
Marie and Ethan form Roundtree Corporation with the transfer of the following. Marie performs personal services for the corporation with a fair market value of $80,000 in exchange for 400 shares of...
What kind of test and evaluation assesses the system in the intended operational environment to determine if it addresses end-users needs?
what ways do trust-based exchanges contribute to economic efficiency and social cohesion, facilitating cooperation, collaboration, and value creation within and across organizational boundaries?
what extent does trust facilitate effective leadership and governance, enabling leaders to inspire followership, foster collective action, and navigate complex socio-political dynamics with...
Explain the meaning of these terms: a) Risk b) Risk management c) Risk appetite d) Risk capacity Why should risk management policies and procedures be periodically reviewed? How can support for risk...
Evaluate SEJ's product portfolio within the context of short life spans - long lead times (20% of assignment mark) The guidelines for the evaluation provided here including the word count Element...
You have been asked to determine the probability that the contribution margin for a particular product line exceeds the fixed cost of $2,000. The total number of units sold is a normally distributed...
Suppose that you could invest in the following projects but have only $30,000 to invest. How would you make your decision and which projects would you invest in? Project Cost $ 8,000 11,000 9,000...
If equity equals $100,000, which of the following is true? A. Assets exceed liabilities by $100,000. B. Liabilities exceed equity by $100,000. C. Assets + liabilities equal $100,000. D. None of the...
Prepare an unadjusted trial balance, in correct format, from the following alphabetized account information. Assume all accounts have normal balances. Accounts payable Accounts receivable Automobile...
What is the general ledger?
Dijkstras algorithm is a graph algorithm to determine the shortest path from a specied vertex to every other vertex in a weighted graph. Recall that it builds a tree of shortest paths from the...
algorithm? What is the minimal spanning tree weight for the below graph using the Prim's 9 14 4 12
Problem 2 Ashmore Inc. uses the allowance method to estimate uncollectible accounts receivable. They currently have the following information on their balance sheet: a debit of $200,000 in their...

The amount of a units sales price that helps to cover fixed expenses is its ________. A.

Question:

Step by Step Answer:

A Contribution margin The amount of a units sales price that hel...View the full answer

Principles Of Accounting Volume 2 Managerial Accounting

Students also viewed these Business questions