Lernkarten

Julia Rawyler
Karten 34 Karten
Lernende 1 Lernende
Sprache English
Stufe Universität
Erstellt / Aktualisiert 31.05.2021 / 27.06.2021
Lizenzierung Keine Angabe
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0 Exakte Antworten 16 Text Antworten 18 Multiple Choice Antworten
Fenster schliessen

The range over which a company is expected to operate is called the relevant range of the activity index.


Chapter 5
True

False

Fenster schliessen

A mixed cost contains both selling and administrative cost elements.


Chapter 5
True

False

Fenster schliessen

Variable costs are costs that remain the same per unit at every level of activity.


Chapter 5
True

False

Fenster schliessen

If a salesperson incurs $2,000 of expenses in servicing two customers and $4,000 of expenses in servicing four customers, the fixed costs are $1,000.


Chapter 5
True

False

Fenster schliessen

If revenue = $80 and variable cost = 40% of revenue, then contribution margin = $48.


Chapter 5
True

False

Fenster schliessen

The contribution margin is the amount of revenue remaining after deducting fixed costs.


Chapter 5
True

False

Fenster schliessen

Sales mix is the percentage that each product represents of total sales.


Chapter 5
True

False

Fenster schliessen

If the unit contribution margin is $300 and fixed costs are $240,000 then the break-even point in units would be 800 units.


Chapter 5
True

False