Question: Contribution less Variable Cost is Profit True False 20.The cost structure of a firm consists of Sales, Variable cost and Fixed cost True False 16.

Contribution less Variable Cost is Profit

True

False

20.The cost structure of a firm consists of Sales, Variable cost and Fixed cost

True

False

16. Mixed costs contain both fixed and variable costs

True

False

41. In Contribution Margin Format, Unit in inventory will only carry the variable costs of mfg.

True

False

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

14. Last mosth, tales revense was LE 100000 , and total costs were LE 90000 (including fixed Cint L.E 30 000), If the management is going to increase sales revenue by LE 1000, the profit will...

Q:

I need questions 1-4 answered. Use the same document to place the answers. ACC122final Exam-New W2016 REV1 Revised 02/06/16 200 Points Chapters 20, 21, 22, 23, 24 Name _____________________________...

Q:

Hello, can you help me with this? Thank you in advance. ACC122final Exam-New W2016 REV1 Revised 02/06/16 200 Points Chapters 20, 21, 22, 23, 24 Name _____________________________ 1. List the...

Q:

Answer All Questions Using The Same Document Please try to show all Work ACC122final Exam-New W2016 REV1 Revised 02/06/16 200 Points Chapters 20, 21, 22, 23, 24 Name _____________________________ 1....

Q:

1. List the operating budgets in order of completion: (2 points each)page 1 of 7 _______________________________________ _______________________________________...

Q:

i need the numbers Tree Corny began to his year During his you the company produced 0.000 0.00 84. 2. THE Great amalar Send were const0.000 inwes 12.5 ere ting admin b. The company's cost of $30 per...

Q:

Income Statements and Firm Performance: Variable and Absorption Costing Jellison Company had the following operating data for its first two years of operations: Variable costs per unit: Direct...

Q:

Answer these following questions: 1. Only variable costs can be relevant or differential cost A. True B. False 2. Fixed Costs which change with a decisions are relevant A. True B. False 3. Sunk costs...

Q:

35. Contribution plus Fixed Cost is Profit True False 43. BREAKEVEN SALES (IN UNITS) = VARIABLE COST/ Contribution per Unit True False 37. Breakeven Sales (in Dollars) = FIXED COST / Contribution...

Q:

A low operating leverage is normal for highly automated industries True False The dollars available from each unit of sales to cover fixed cost and profit is the unit variable cost True False Match...

Q:

The partnership agreement of Elidoro and Evangeline states that profits and losses will be divided as follows: 1. Salaries of P50,000 each 2. Interest at 10% on Capital Balance 3. Remainder to be...

Q:

Orange Juice is a leading food and beverage companies in Australia and serving more than 100 countries around the world. Recently, Management decided to make a new product Cranberry Juice. ...

Q:

If the taxpayer disposed of a treasury bill before it matured in 2023, they do not have to report a capital gain (or loss). Question 1 options: True False

Q:

Discuss several ways ( at least four ways ) to improve the requirement process and thus, a project team can avoid a situation where too many changes to the project requirements occur at the later...

Q:

=+Differentiate the key characteristics of a personal brand

Q:

1. What are the benefi ts of studying communication?

Q:

=+Discuss the key benefits and challenges of a personal brand