Exam 21: Cost Behavior and Decisions Using C-V-P Analysis

Exhibit 21-8 Use the profit graph below to answer the following question(s). -Refer to Exhibit 21-8. Point E on the profit graph represents the:

If total sales are $460,000, total variable costs are $138,000, and total fixed costs are $184,000, the contribution margin is:

Refer to the figure below. A charge for electricity that is based on a flat rate plus a variable cost after a certain number of kilowatt-hours are used follows which of the following cost behavior patterns?

Exhibit 21-7 Use the cost-volume-profit graph below to answer the following question(s). -Refer to Exhibit 21-7. Revenues are represented on the C-V-P graph by:

The following information is given for Kooskia Company: Compute the following items for Kooskia Company:

Winslow Company sold 10,000 swing sets this past year at $280 each. The company incurred expenses of $560,000 for rent, administrative salaries, and insurance for the building. The cost per unit for Winslow was $168. The CEO, Ms. Dunlop, wants to know what the contribution margin was for the year as a percent of sales, how much profit would be earned with an additional $340,000 in sales, and what the profit would be on an additional 4,000 units in sales.

Exhibit 21-7 Use the cost-volume-profit graph below to answer the following question(s). -Refer to Exhibit 21-7. Line C on the cost-volume-profit graph represents the:

Which of the following is NOT a cost behavior pattern?

Exhibit 21-7 Use the cost-volume-profit graph below to answer the following question(s). -Refer to Exhibit 21-7. Point G on the cost-volume-profit graph represents the:

Exhibit 21-9 Stella Signs sells two different products. Following are the monthly revenues and costs: - Refer to Exhibit 21-9. Determine the total contribution margin ratio at the current sales mix.

Grate Company's product has a selling price of $15 and a per-unit variable cost of $8. Its fixed costs are $14,000. How many units must the company sell to earn a profit of $35,000?

Mosely Company's per-unit cost is the same at all levels of activity. The company's cost structure must have all:

A company that has a per-unit contribution margin of $140 and fixed costs of $126,000 will break even when it sells:

The contribution margin minus total fixed costs is equal to:

Exhibit 21-1 Wimmer Company makes swimming suits and wants to analyze its mixed costs. The diagram below shows a scattergraph representing Wimmer's mixed costs for the previous five months. -Refer to Exhibit 21-1. Using the graph above, determine the amount of Wimmer's fixed costs.

At a break-even point of 600 units sold, the variable costs were $600 and the fixed costs were $300. What will the sale of each additional unit contribute to profit before income taxes?

Exhibit 21-5 The following is a partial income statement for Duncan Corporation for 2011: - Refer to Exhibit 21-5. How many units of its product will Duncan Corporation have to sell to break even?

If variable costs are $46 per unit, revenues are $76 per unit, and fixed costs are $7,500, the break-even point is:

Given the equation $500X = $300X + $200,000, the break-even point in units is:

Block Company sells three products, each with a different per-unit contribution margin. To compute Block Company's break-even point in units, it is necessary to know: