• Ask an Expert
• Get a Professional Answer
• 100% Satisfaction Guarantee
JKCPA, CPA
Category: Finance
Satisfied Customers: 5882
Experience:  Bachelors degree and CPA with Accounting experience.
23848519
Type Your Finance Question Here...
JKCPA is online now

# 6. Which of the following statements is true? (Points : 6)

### Resolved Question:

6. Which of the following statements is true? (Points : 6)
A per unit cost that is constant at all production levels is a variable cost per unit.
Reported income under variable costing is affected by production level changes.
A per unit cost that is constant at all production levels is a fixed cost per unit.
Reported income under absorption costing is not affected by production level changes.
A cost that is constant over all levels of production is a variable cost.

7. Which one of the following statements is not true? (Points : 6)
Total fixed costs remain the same regardless of volume.
Total variable costs change with volume.
Total variable costs decrease as the volume increases.
Fixed costs per unit increase as the volume decreases.
Variable costs per unit remain the same regardless of the volume.

10. A company has fixed costs of \$90,000. Its contribution margin ratio is 30% and the product sells for \$75 per unit. What is the company's break-even point in dollar sales? (Points : 6)
\$60,000
\$128,571
\$180,000
\$210,000
\$300,000

11. A company manufactures and sells a product for \$91 per unit. The company's fixed costs are \$859,716 and its variable costs are \$25 per unit. What is the company's break-even point in dollars? (Round all calculations to 2 decimal places.) (Points : 6)
\$627,592.68
\$1,177,693.15
\$622,982.60
\$1,091,839.30
\$66.00

12. Assume Moe's Southwest Grill has a break-even point of 24,000 units. At this point, total sales are \$1,800,000 and total variable costs are \$1,200,000. Compute total fixed costs at the break-even point. (Points : 6)
\$1,800,000
\$1,200,000
\$3,000,000
\$25
\$600,000
Submitted: 4 years ago.
Category: Finance
Expert:  JKCPA replied 4 years ago.
Hi,

Thanks for the questions.

Hope this helps!
JKCPA, CPA
Category: Finance
Satisfied Customers: 5882
Experience: Bachelors degree and CPA with Accounting experience.
JKCPA and other Finance Specialists are ready to help you

### JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

### What Customers are Saying:

• I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response... T.G.W Matteson, IL
< Previous | Next >
• I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response... T.G.W Matteson, IL
• I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight. Bonnie Chesnee, SC
• Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation. John Minneapolis, MN
• Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with. Orville Hesperia, California
• Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
• This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!! Alex Los Angeles, CA
• Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult. GP Hesperia, CA

• ### Rakhi Vasavada

#### Satisfied Customers:

2489
Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years
< Last | Next >

#### Satisfied Customers:

2489
Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years

### Megan C

#### Satisfied Customers:

2210
Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

### Manal Elkhoshkhany

#### Satisfied Customers:

1905
More than 5000 online tutoring sessions.

### JKCPA

#### Satisfied Customers:

843
Bachelors degree and CPA with Accounting experience.

### Eric

#### Satisfied Customers:

559
Loan servicing, counseling and real estate expert. Foreclosure Expert and Financial Planner.

### R. Klein, EA

#### Satisfied Customers:

480
TurboTax Expert. QuickBooks Certified Pro Advisor

332