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Brut [27]
3 years ago
8

Which of the following is not an assumption of cost-volume-profit (CVP) analysis? A. The only factor that affects total costs is

a change in volume. Which increase or deceases variable and mixed costs. B. Fixed costs is do not change. C. The price per unit does not change as volume changes D. The price per unit changes as volume changes.
Business
1 answer:
e-lub [12.9K]3 years ago
5 0

Answer:

D. The price per unit changes as volume changes.

Explanation:

According to the assumption of cost-volume-profit (CVP) analysis, the fixed cost will remain constant.  It will never be changed. Because of the change in volume, the total cost would get affected that means the total cost amount is changed as compare before. As the volume changes, the price per unit is also the same.  

So, the appropriate option is d. As the sales volume changes with the change in volume and the same are applied for variable cost.

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The current price on a 46-inch flat panel LCD HD television is $2,300. Big screen HD television prices have dropped at an averag
Alona [7]

Answer:

$1,776.06

Explanation:

The price of LED television after 3 years will be the equivalent of the current value of $2300 discounted at 9 % for 3 years.

The presented value will  FV/(1+r)n

PV =$2300

r=9%

n=3 years

PV=$2300 / (1+9/100)3

=$2300 / (1 + 0.09)3

=$2300/1.2950

=$1,776.06

8 0
4 years ago
When evaluating a chi-square test, describe the importance of the goodness of fit test. Provide an example and explain how the t
schepotkina [342]

Answer:

Explanation:

Whenever you merely have one categorical variable within a single population, the goodness fit test is utilized.  It's used to see if sample data matches a hypothesized or predicted distribution.

It's used to figure out how a particular phenomenon's observed value differs from the predicted value.

It can also be employed to make comparison of the observed sample to the sample distribution that should have been expected. It determines how closely the theoretical distribution corresponds to the empirical distribution.

Using this as an additional example that has not been discussed:

Consider a firm that produces a card deck. According to the company, 25% of its cards were clubs, 60% were diamonds but not hearts, and 15% were spades.  We may collect a random sample of card decks and do a goodness of fit test to check if our sample distribution varied substantially from the company's reported distribution.

6 0
3 years ago
Tyron is saving up money for a down payment on a motorcycle. He currently has $5648, but knows he can get a loan at a lower inte
Scilla [17]

Answer:

monthly  time  = 1.966

Explanation:

given data

final amount = $6355

initial principal = $5648

rate = 6 %

solution

we get here time by this formula

amount = principal × (1+r)^{t}    ............1

put here value and we get time t

6355 = 5648 × (1+\frac{0.06}{12})^{12\times t}    

1.125 = (1.005)^{12\times t}  

take ln both side

ln 1.125 = ln  (1.005)^{12\times t}  

0.1177 = 12 × t × 4.9875 × 10^{-3}  

monthly  time  = 1.966

4 0
4 years ago
Use the ________ or _______ property to clear a float
kramer
Use the clear or overflow property to clear a float. In addition, use the position absolute property beside with the left, right and/or top property to surely configure the position of an component and use a class to arrange a style when the style could relate to more than one element on a page.
5 0
4 years ago
Patricia McCarthy lives in a subsidized apartment complex for low-income senior citizens. She pays a monthly rent of $297 for a
love history [14]

Answer:

$4,068

Explanation:

Margret's monthly rent = $297

Monthly electricity costs = $42

Her costs per year will be

= ($297 x 12) + ( $42 x 12)

=$3,564 + $504

=$4,068

4 0
3 years ago
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