ACC 241 UPDATED EXAMS TEST PAPER 2026
QUESTIONS AND ANSWERS SURE A+
✔✔What is TCM if company prioritizes according to its limited resources? ( NOT
DEMAND)
Product A
selling price = $50
VC per unit = $35
DL hrs/ unit= 1.5
Demand= 1,000
Product B
30
10
3
2,000
Product C
40
30
2
500 - ✔✔A = 1000 X 15 ( CM) = 15000
B= 500 X 20 ( CM) = 10,000
= 25,000
✔✔Cost Behavior
Variable Costs - ✔✔Total variable costs increase as activity increases
Cost per cup is constant as activity increases
unit stays the same, total variable changes. - CHANGE PROPORTIONALLY
EX: starbucks. The more customers buy drinks, the more money they get. even though
price per cup is staying constant
✔✔Cost Behavior
Fixed Costs - ✔✔unit changes, total stays the same
fixed costs do not change with activity.
EX: Starbucks. Fixed costs are rent, insurance, managers salary- they are constant no
matter how many cups are sold.
, However, Units change because the more activity, the cheaper the cups/ units will be.
dividing FC/ increasing number of cups will reduce the price of cups
✔✔Cost Behavior
Mixed Costs - ✔✔unit changes, total changes
they contain a fixed portion that is incurred even when facility is unused ( still have to
pay for water even if you have been out of town and not used it) , and a variable part
that increases with usage
( summer is expensive when air is put on alot, or electricity bill will be high when all
lights are left on )
✔✔formula for a straight line - ✔✔Y = Vx + F
Y = totalcost
v = unit variable ( slope)
x= cost driver/ activity
f = FC
✔✔Scattergraph method of slope - ✔✔change in cost / change in units
✔✔Summary of Linear Methods
- visual fit
- high low
- least squares - ✔✔VF = visual depiction of x and y relationship
HL = use highest and lowest x value to fit the line
least squares= stat package
✔✔CM total - ✔✔unit CM X units sold
✔✔sales rev - variable expenses - fixed expenses = - ✔✔operating income
✔✔sales revenue - ✔✔sales price per unit X units sold
✔✔variable expenses - ✔✔variable cost per unit X units sold
✔✔Equation method: IS approach
we calculate the BE point by.. - ✔✔sx - vx - f= p
QUESTIONS AND ANSWERS SURE A+
✔✔What is TCM if company prioritizes according to its limited resources? ( NOT
DEMAND)
Product A
selling price = $50
VC per unit = $35
DL hrs/ unit= 1.5
Demand= 1,000
Product B
30
10
3
2,000
Product C
40
30
2
500 - ✔✔A = 1000 X 15 ( CM) = 15000
B= 500 X 20 ( CM) = 10,000
= 25,000
✔✔Cost Behavior
Variable Costs - ✔✔Total variable costs increase as activity increases
Cost per cup is constant as activity increases
unit stays the same, total variable changes. - CHANGE PROPORTIONALLY
EX: starbucks. The more customers buy drinks, the more money they get. even though
price per cup is staying constant
✔✔Cost Behavior
Fixed Costs - ✔✔unit changes, total stays the same
fixed costs do not change with activity.
EX: Starbucks. Fixed costs are rent, insurance, managers salary- they are constant no
matter how many cups are sold.
, However, Units change because the more activity, the cheaper the cups/ units will be.
dividing FC/ increasing number of cups will reduce the price of cups
✔✔Cost Behavior
Mixed Costs - ✔✔unit changes, total changes
they contain a fixed portion that is incurred even when facility is unused ( still have to
pay for water even if you have been out of town and not used it) , and a variable part
that increases with usage
( summer is expensive when air is put on alot, or electricity bill will be high when all
lights are left on )
✔✔formula for a straight line - ✔✔Y = Vx + F
Y = totalcost
v = unit variable ( slope)
x= cost driver/ activity
f = FC
✔✔Scattergraph method of slope - ✔✔change in cost / change in units
✔✔Summary of Linear Methods
- visual fit
- high low
- least squares - ✔✔VF = visual depiction of x and y relationship
HL = use highest and lowest x value to fit the line
least squares= stat package
✔✔CM total - ✔✔unit CM X units sold
✔✔sales rev - variable expenses - fixed expenses = - ✔✔operating income
✔✔sales revenue - ✔✔sales price per unit X units sold
✔✔variable expenses - ✔✔variable cost per unit X units sold
✔✔Equation method: IS approach
we calculate the BE point by.. - ✔✔sx - vx - f= p
