Break-even analysis assumes over the relevant range that Group of answer choices total variable costs are linear. fixed costs per unit are constant. total variable costs are nonlinear. total revenue is nonlinear.
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- CVP analysis relies on the assumptions that costs are either strictly fixed or strictly variable. Consistent with these assumptions, as volume decreases total Group of answer choices fixed costs decrease. variable costs remain constant. costs decrease. costs remain constant.The increase/decrease in variable cost from existing level to the new level is called as __cost. a.Standard b.Marginal c.Fixed d.OpportunityWhich of the following assumptions of the CVP graph is not true? Multiple Choice Costs are linear. Total fixed expenses are constant within the relevant range. Variable costs go down as volume goes up. The selling prices do not change. Volume is the only factor affecting total cost.
- If the ordering cost triples in an EOQ model, while the remaining values stay constant, how will the EOQ change? How sensitive is the EOQ to variations in demand or costs?2. Break-even analysis assumes that over the relevant range a. Unit revenues are nonlinear. b. Unit variable costs are unchanged.PLEASE ANSWER ALL Write “True” if the statement is true and write “False” if the statement is false. If volume increases, both total variables and total fixed costs will increase. Decrease in the level of activity will cause total variable and total fixed costs to decrease. When graphed, total variable costs and total fixed costs are both assumed to be linear withinthe relevant range.
- When variable costs increase and all other variables remain unchanged, the break-even point will ____________________. A. remain unchanged B. increase C. decrease D. produce a lower contribution marginWhen fixed costs increase and all other variables remain unchanged, the contribution margin will A. remain unchanged _____________________. B. increase C. decrease D. increase variable costs per unitFixed cost per unit ______ A. Can be estimated by the high - low method. B. Remains the same when the level of activity changes. C. Are represented by the slope of the total cost line. D. All of the above answers are correct.
- In the cost equation TC = F + VX, “V” is best described as the: Multiple Choice intercept of the cost equation. total costs that do not vary with changes in the activity level. activity level used to estimate the dependent variable. slope of the cost equation.Which one of the following statements is false? Multiple Choice O O O O Variable costs per unit remain the same regardless of the volume. Fixed costs per unit increase as the volume decreases. Total variable costs decrease as the volume increases. Total fixed costs remain the same regardless of volume within the relevant range. Total variable costs change with volume.Cost-Capacity calculation technique takes into account a constant exponent to relate different costs to their respective capacities. a. False b. True The potential percent gain or loss in changes of variable is taken into account by: a. break-even analysis b. sensitivity analysis c. present worth analysis d. cost-benefit analysis