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3 years ago

The accuracy of cost-volume-profit analysis is limited because it assumes a strictly linear relationship between the variables.

Business

1 answer:

AnnyKZ [126]3 years ago

4 0

Answer:

True

Explanation:

One of the assumptions of this analysis is that it assumes a linear dependence on costs and income in the analysis interval.

A very useful tool when making strategic decisions, allowing to analyze different scenarios and individual projects, is the Cost-Volume-Profit.

Analysis (CVP) that works under the premise that variable costs increase in the same proportion that increases the sales of a product, while the fixed ones are independent of the volume of sales.

The CVP is useful both for planning and for evaluating results since it emphasizes the behavior of variable costs and the impact that a variation in sales volume can have on costs and benefits.

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Which of the following statements regarding diversity in the workplace is true? a. Nearly 73 percent of Fortune 500 companies no

kvasek [131]

Answer:

Explanation:

Diversity in the workplace is about bringing together people of different background , physical appearance ,religion , education , age etc.

Even though of of the answer options narrowly talk about gender diversity , the employment policy of US in having over 50% of foreign born workers in the economy is wider as this would have covered citizens of different country with various cultures and tribes , different genders , color , religion and appearance and a whole lot more.

3 0

3 years ago

Carmel Corporation is considering the purchase of a machine costing $41,000 with a 8-year useful life and no salvage value. Carm

Andru [333]

Answer:

E. $20,500

Explanation:

The average investment is defined as the average between the initial investment and the salvage value of the equipment.

In this situation, Carmel Corporation had an initial investment of $41,000 for the machine and its salvage value is zero. Therefore, Carmel's average investment is:

$AI = \frac{\$41,000+0}{2} \\AI = \$20,500$

The answer is alternative E. $20,500

3 0

3 years ago

First to answer gets Brainliest

igor_vitrenko [27]

You need to go into excel and make it there

6 0

3 years ago

Wyzard Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbishe

trasher [3.6K]

Answer:

Revenue variance $1800 Favorable

Explanation:

Revenue variance is the difference between the actual revenue and the standard revenue from the actual units sold. It is can be determined as follows:

Revenue variance

Revenue from 32 units (32× 3,800) 121,600

Actual revenue 123,400

Revenue variance 1800 Favorable

Revenue variance $1800 Favorable

8 0

3 years ago

Lucy Sportswear manufactures a line of specialty T-shirts using a job order costing system. In March the company incurred the fo

wlad13 [49]

Answer:

Unitary cost of goods sold= $5.95

Explanation:

Giving the following information:

direct materials= $13,200

direct labor= $4,900

Job ICU2 required 800 machine hours.

Factory overhead was applied to the job at a rate of $25 per machine hour.

The cost of goods sold is calculated using the direct material, direct labor, and applied factory overhead.

First, we need to calculate the allocated overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 25*800= 20,000

Now, we need to calculate the cost of goods sold per unit:

Total cost= 13,200 + 4,900+ 20,000= 38,100

Unitary cost= 38,100/6,400= $5.95

Unitary cost of goods sold= $5.95

4 0

3 years ago