Solution-Which cvp analysis can, In the situation of

Which cvp analysis can

Assignment Help Cost Accounting

Reference no: EM132738673

Problem 1: In the situation of multiple cost drivers, CVP analysis can

a. be modified so that the various simple formulas can be used by applying them separately to each cost driver.

b. apply the same formulas as that used for a single-cost driver.

c. be changed by incorporating all of the cost drivers into the breakeven formula to calculate the unique point of output at which the company would break even.

d. be adapted by incorporating the cost drivers into the calculation of the variable costs.

Problem 2: Which of the following statements is true?

a. Gross margin is another term for contribution margin.

b. Contribution margin is acceptable for use in external financial statements.

c. Contribution margin is used to help managers in decision making.

d. Gross margin is revenues minus variable cost.

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Which cvp analysis can

Reference no: EM132738673

Reference no: EM132738673

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