ACC 560 MART Great Stories /acc560mart.com ACC 560 MART Great Stories /acc560mart.com | Page 34
The contribution margin ratio is
Question 3
In 2016, Teller Company sold 3,000 units at $600 each.
Variable expenses were $420 per unit, and fixed expenses were
$270,000. The same selling price, variable expenses, and fixed
expenses are expected for 2017. What is Teller‘s break-even
point in sales dollars for 2017?
Question 4
Sales mix is
Question 5
The margin of safety ratio
Question 6
To which function of management is CVP analysis most
applicable?
Question 7
Frazier Manufacturing Company collected the following
production data for the past month:
Units Produced Total Cost
1,600 $66,000
1,300 57,000
1,500 67,500
1,100 49,500
If the high-low method is used, what is the monthly total cost
equation?