1. Product margin is calculated by this equation: total contribution margin – avoidable fixed costs. True / False 2. Total contribution margin = total revenue – total variable cost. True / False 3

1. Product margin is calculated by this equation: total contribution margin – avoidable fixed costs.True / False2. Total contribution margin = total revenue – total variable cost.True / False3. In a competitive marketplace “good ethics” is a wonderful idea but an impractical standard. There are simply too few benefits to be gained from maintaining high business ethics.True / False4. Cash budgets display all the organization’s projected cash inflows and outflows.True / False5. Total variable costs change in proportion to changes in the volume of activity.True / False6. Fixed costs on a per unit basis decrease as a result of an increase in volume.True / False7. The following is the basic break-even equation: price x volume= variable cost per unit + (fixed cost x volume).True / False8. Selling and administrative expenses are normally period costs.True / False9. Total fixed costs change in proportion to changes in volume of activity.True / False10. Cost-volume-profit analysis is a predictive tool for determining the profit consequences of future cost changes, price changes, and volume of activity changes.True / False11. When performing an expense volume variance analysis, a negative value indicates an unfavorable variance.True / False12. Contribution margin per unit is the amount by which a product’s unit selling price exceeds its total variable cost per unit.True / False13. All of the following factors contribute to the rising cost of healthcare except:a. Aging population.b. New and returning consumers in the marketplace.c. Chronic Disease.d. Providers embracing lean Six Sigma and other techniques to deliver better care with less resources.14. A non-avoidable fixed cost will __________ when a service/line of business is discontinued.a. decreaseb. remain the samec. increased. be avoided15. Total Revenues can be calculated using the formula: Total Revenues = Price x __________.a. Qualityb. Quantifiedc. Quantityd. Quagmire16. A direct cost is a cost that is:a. Does not change with the volume of activity.b. Traceable to a single cost object.c. Traceable to the organization as a whole.d. Identifiable as controllable.17. A favorable expense cost variance _________:a. occurs when the actual cost is more than budgeted.b. occurs when the actual cost is less than budgeted.c. occurs when actual volume is less than budgeted.d. occurs when actual volume is more than budgeted.18. A cost that changes in proportion to changes in volume of activity is a(n)?a. Incremental Cost.b. Product Cost.c. Variable Cost.d. Fixed Cost.19. The “authoritarian approach” to budgeting is often called:a. Top-down spending.b. Monopolistic practices.c. Top-down budgeting.d. Bottom-up strategizing.20. A cost that includes both fixed and variable cost components is called a:a. Step-variable Cost.b. Curvilinear Cost.c. Composite Cost.d. Mixed Cost.

Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.

Read more

Free-revision policy

The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.

Read more

Privacy policy

The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.

Read more

Fair-cooperation guarantee

By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency

Order your paper today and save 15% with the discount code HAPPY

X
error: Content is protected !!
Open chat
1
You can contact our live agent via WhatsApp! Via + 1 323 412 5597

Feel free to ask questions, clarifications, or discounts available when placing an order.