ACC 561 Week 5 Individual Assignment Costing Methods Paper ( Exercise 19-17 ) ( 2 Papers )
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1 . An increase in the level of activity will have the following effects on unit costs for variable and fixed costs :
2 . A fixed cost is a cost which
3 . Hollis Industries produces flash drives for computers , which it sells for $ 20 each . Each flash drive costs $ 14 of variable costs to make . During April , 1,000 drives were sold . Fixed costs for March were $ 2 per unit for a total of $ 1,000 for the month . How much is the contribution margin ratio ?
4 . Contribution margin 5 . The equation which reflects a CVP income statement is
6 . A company sells a product which has a unit sales price of $ 5 , unit variable cost of $ 3 and total fixed costs of $ 150,000 . The number of units the company must sell to break even is
7 . Under absorption costing and variable costing , how are fixed manufacturing costs treated ?
8 . Management may be tempted to overproduce when using
9 . Only direct materials , direct labor , and variable manufacturing overhead costs are considered product costs when using
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ACC 561 Week 5 Individual Assignment Costing Methods Paper ( Exercise 19-17 ) ( 2 Papers )
For more course tutorials visit