When the gross profit percentage of sales is 30%, the gross profit percentage of costs is equal to: А. 30.0% В. 23.1% 42.9% 20.3% O D.
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- The percent of change in cost is: a. 10.79% b. 10.000% c. 8.67% d. None of theseWith solution and good accounting form please thank you!For the following table, the improved cost from one iteration only can lead to a total cost of: From/ To 1 3 Supply= A 2 440 B 5 720 4 840 6. Demand= 50 40 10 O a. 240 O b. 330 С. 390 O d. 280 е. 300 31Click Submit to complete this assessment. Question 4 When the gross profit percentage of costs is 32%, the gross profit percentage of sales is equal to: O 24.24% 30.07% O 26.78% O 28.65% A Click Submit to complete this assessment. O Type here to search a
- /quiz/attempt.php?attempt3D1457214&cmid%3D719121&page%3D8%#3question-1620910-30 Academic O b. 38,500 O c. 56,000 O d. 101,500 e. 70,000 Clear my choice All else being equal, what happens to the unit contribution margin and the contribution margin ratio if the sales price per unit decrease? Select one: O a. Unit contribution margin increases while contribution margin ratio decreases. O b. Both unit contribution margin and contribution margin ratio increase. O c. None of the given answers. O d. Unit contribution margin decreases while contribution margin ratio increases. O e. Both unit contribution margin and contribution margin ratio are unchanged. Next page ge here to searchDJ.JJ Time lelL 1.2 O d. $1.66 O e. $6.67 CLEAR MY CHOICE Which of the following statements related to CVP chart is not true? O a. None of the given answers. O b. To calculate the total fixed cost from a graph is by multiplying a level of volume by the variable cost per unit found out earlier and subtracting that from the total cost for that level of volume. O c. The intercept between the total cost line on a graph and the y-axis determines variable cost. O d. To determine the variable cost per unit from a graph, the change in cost is divided by the change in units. O e. The high-low method is a way to estimate the cost behavior by graphically connecting the two cost amounts identified with the highest and lowest volume levels. f. The slope of the total cost line determines the variable cost per unit. PAGE NEXT PAGE COLL CET 0024 A MAG241C GAMING MONITORQ. 12. The markup percent is based on cost. Compute the missing terms. 100% + Markup Percent 50% Markup % Cost Selling Price $636
- Management has at its disposal the following information: Revenue function: R =890Q ‒5.5Q2 The profit-maximizing price: P=494 OMR. Then the Profit-maximizing quantity is (............) Units. (write only the number) Answer:Which will create the most favorable effect in gross profit? A. 10% increase in selling price B. 10% decrease in cost price C. 10% increase in both selling price and cost price D. 20% decrease in selling and administrative expensesQuestion 56: When using Solver, only one variable can be adjusted. Answer: A. TrueB. False Question 57: What is the net income value at the breakeven point? Answer: A. Maximum possible amount, given sales level B. Minimum possible amount, given sales level C. $0 D. $100,000
- Q7 b.Calculate the effect on profit of a proposed change in 'Sales Mix' from the following data and also suggest that whether company should change the sales mix or continue with the existing: M N Total Sales (in Rs) Existing Sales mix(Rs.) 80,000 1,00,000 40,000 20,000 2,40,000 Variable Cost (in Rs) 48,000 68,000 32,000 8,000 1,56,000 Fixed Cost (in Rs) 58,800 Proposed Sales Mix(Rs.)60,000 88,000 80,000 12,000 2,40,0009. Assuming the management chooses the first option, which amount the product lines will be eliminated?a. La-Lisab. Jenniec. Jisood. Rose_____ 10. Assuming the management chooses to discontinue the unprofitable product line, what is the net impact to the Company’s overall profit?a. P 7,000b. P 17,000c. P 13,000d. P 23,0004) Determine the missing amounts. Contribution Contribution Unit Selling Price Unit Variable Costs Margin Per Unit Margin Ratio 1. $300 $180 A в 2. $600 C $210 D 3. E F $300 30%