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1. The weighted-average contribution margin of all the products is computed when determining the break-even sales for a multi-product firm.2.If Conan Corporation sells two products with a sales mix of 75% : 25%, and the respective contribution margins are $100 and $300, then weighted-average unit contribution margin is $150.3.Net income can be increased or decreased by changing the sales mix.4.The break-even point in dollars is variable costs divided by the weighted-average contribution margin ratio.5.If a company has limited machine hours available for production, it is generally more profitable to produce and sell the product with the highest contribution margin per machine hour.6.Cost structure refers to the relative proportion of fixed versus variable costs that a company incurs.7.Operating leverage refers to the extent to which a company's net income reacts to a given change in fixed costs.8.If O'Brien Company has a margin of safety ratio of .60, it could sustain a 60 percent decline in sales before it would be operating at a loss.9.A company with low operating leverage will experience a sharp increase in net income with a given increase in sales.10.The difference between absorption costing and variable costing is the treatment of fixed manufacturing overhead.11.Selling and administrative costs are period costs under both absorption and variable costing.12.Some fixed manufacturing costs of the current period are deferred to future periods through ending inventory under variable costing.13.When units produced exceed units sold, income under absorption costing is higher than income under variable costing.14.When absorption costing is used for external reporting, variable costing can still be used for internal reporting purposes.15.When absorption costing is used, management may be tempted to overproduce in a given period in order to increase net income.These are all true and false question. they are extra credit and word differently from the book. Its confusing and some of it already got wrong. Please help me thank you so much.
1.this year the store has begun to carry the flat tv manufactured by bass co. thus far washington has recorded the
Briefly discuss the operating performance and financial positions of Sepracor Industry averages for these ratios in 2007 were ROA 3.5%; Return on Equity 16%; and Debt to Assets 75%. Based on this analysis, would you make an investment in the compa..
Jones is the manager for ABC Auto Repair. Unknown to his employer, Jones also does freelance auto repair work to earn extra cash. He sometimes uses ABC's facilities and tools for these jobs. Discuss the costs and potential costs that ABC might ..
data pertaining to the current position of brin company are as
Calculate breakeven volume in total dollars if the sales mix is 2 units of X for every 3 units of Y.
a stock expects to pay a year-end dividend of 2 a share i.e. d1 2 assume that last years dividend has already been
a bakery company is considering one capital budgeting project involving the replacement of a sophisticated brick oven
Calculate the contribution margin ratio and prepare two contribution margin income statements: one at the $245,000 leveland one at the $364,000 level.
Compute the cost variance for Materials price variance, materials quantity variance, labor rate variance, labor efficiency variance, variable overhead spending variance and variable overhead efficiency variance
the greater pittsburgh area chamber of commerce wants to estimate the mean time workers who commute to downtown spend
Prepare a segmented income statement in the contribution format for the company. Omit percentages, show only dollar amounts.
on march 6 sargento cheese co. leased a copier from copiers r us. the term of the lease was 3 yrs equal payments with
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