Answer:
The correct answer is letter "D": Total variable costs decrease as the volume increases.
Explanation:
Total fixed costs are those that do not vary when the volume of production changes. However, unitary fixed costs change with fluctuations in production. As production increases, unitary fixed costs decrease and if production decreases unitary fixed costs increase.
Also, unitary variable costs remain the same in front of changes in output but total variable costs change directly proportional to variations in production.<em> It means if the volume in production increase so will total variable costs and vice versa.</em>
Answer:
Kindly check attached picture
Explanation:
Kindly check attached picture for detailed statement using the direct method
Answer:
Decrease
No change
Explanation:
As we know that
Contribution margin ratio = [(Sales - Variable Costs) ÷ (Sales) ]
Now in the case when the selling price and the variable cost would decreased by 7% so the sales and variable cost would decreased by the similar amount so there is no change in the contribution margin ratio
Also
Contribution Margin per Unit = Sales revenue per Unit - Variable Expenses per unit
Now if the selling price and the variable cost would decreased by 7% so the contribution margin would also decrease
Answer:
Business Analyst
Explanation:
A business analyst is trained in finance and related disciplines. Due to their educational background and work experiences, a business analyst will be the best suited to perform the business-oriented tasks. Analyzing budgets, making reports, internal company procedures, and finances revolve around finance and commerce disciplines.
A business is trained to handle such issues. They understand the process of budgeting making, internal procedures, and the jargon used. A business analyst can inter-plate and breakdown that information so everybody can understand.
Answer: <u>The correct answer is $ 6200.</u>
Explanation: We must start from the $ 8000 bank balance, to which we will add the outstanding deposits of $ 4000 and finally we will subtract the $ 5800 to arrive at the correct cash balance in the Mooner Sooner balance at the end of the year.
Therefore 8000 + 4000 - 5800 = $ 6200.
