MBA 700 Exam 5 Updated Questions With All
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Correct Answers
1. Increases and decreases in the volume of Variable
units pro- duced (within a relevant range): expenses
Select one: 280,000
a.
Will impact Total Variable Cost but not Unit
Fixed Cost b.
Will impact Unit Variable Cost but not Unit
Fixed Cost c.
Will impact total fixed cost but not unit
variable cost d.
Will impact total variable cost but not total
fixed cost
2. In describing the cost formula equation, Y =
a + bX, which of the following is correct:
Select one:
a.
"a" is the fixed cost per
unit b.
"Y" is the independent
variable c.
"X" is the number of
units d.
"a" is the variable cost per unit
3. Schister Systems uses the following
data in its Cost-Volume-Profit analyses:
Total
Sales $400,000
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, MBA 700 Exam 5 Updated Questions With All
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d.
Will impact total variable cost but not total fixed cos
c.
"X" is the number of units
c. 144,000
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, MBA 700 Exam 5 Updated Questions With All
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Correct Answers
Contribution margin 120,000
Fixed expenses 100,000 The margin o
Net operating income $20,000 safety in
dollars is
closest to:
What is total contribution margin if sales
volume in- creases by 20%?
Select one:
a.
$80,000
b.
$200,000
c.
144,00
0
d.
$158,400
4. Stockmaster Corporation has provided the
following contribution format income
statement. Assume that the following
information is within the relevant range.
Sales (8,000 units) $320,000
Variable expenses 192,000
Contribution margin 128,000
Fixed expenses 121,600
Net operating income $6,400
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Distribution of this document is illegal extra per year?
Stuvia.com - The Marketplace to Buy and Sell your Study Material
Correct Answers
1. Increases and decreases in the volume of Variable
units pro- duced (within a relevant range): expenses
Select one: 280,000
a.
Will impact Total Variable Cost but not Unit
Fixed Cost b.
Will impact Unit Variable Cost but not Unit
Fixed Cost c.
Will impact total fixed cost but not unit
variable cost d.
Will impact total variable cost but not total
fixed cost
2. In describing the cost formula equation, Y =
a + bX, which of the following is correct:
Select one:
a.
"a" is the fixed cost per
unit b.
"Y" is the independent
variable c.
"X" is the number of
units d.
"a" is the variable cost per unit
3. Schister Systems uses the following
data in its Cost-Volume-Profit analyses:
Total
Sales $400,000
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, MBA 700 Exam 5 Updated Questions With All
Stuvia.com - The Marketplace to Buy and Sell your Study Material
Correct Answers
d.
Will impact total variable cost but not total fixed cos
c.
"X" is the number of units
c. 144,000
Downloaded by: robertbrizzi | Want to earn $1.236
Distribution of this document is illegal extra per year?
, MBA 700 Exam 5 Updated Questions With All
Stuvia.com - The Marketplace to Buy and Sell your Study Material
Correct Answers
Contribution margin 120,000
Fixed expenses 100,000 The margin o
Net operating income $20,000 safety in
dollars is
closest to:
What is total contribution margin if sales
volume in- creases by 20%?
Select one:
a.
$80,000
b.
$200,000
c.
144,00
0
d.
$158,400
4. Stockmaster Corporation has provided the
following contribution format income
statement. Assume that the following
information is within the relevant range.
Sales (8,000 units) $320,000
Variable expenses 192,000
Contribution margin 128,000
Fixed expenses 121,600
Net operating income $6,400
Downloaded by: robertbrizzi | Want to earn $1.236
Distribution of this document is illegal extra per year?
