a. How can the mathematical equation for break-even sales show both sales units and sales dollars? b. How do the formulas differ for unit contribution margin and contribution margin ratio? c. How can contribution margin be used to determine break-even sales in units and in dollars?

Define the term cost per service.

Gibson Corporation’s balance sheet indicates that the company has $580,000 invested in operating assets. During the year, Gibson earned operating income of $67,280 on $1,160,000 of sales.  Required Compute Gibson’s profit margin for the year. Compute Gibson’s turnover for the year. Compute Gibson’s return on investment for the year. Recompute Gibson’s ROI under each of the following independent assumptions:(1) Sales increase from $1,160,000 to $1,392,000, thereby resulting in an increase in operating income from $67,280 to $76,560.(2) Sales remain constant, but Gibson reduces expenses, resulting in an increase in operating income from $67,280 to $69,600.(3) Gibson is able to reduce its invested capital from $580,000 to $464,000 without affecting operating income.

Indicate how to present and analyze liabilities and contingencies.

Are there any requirements for which cost flow assumption is selected for use by a company?

What is the meaning behind 'cost constraint'? Please explain/provide an example.

Describe three different ways in which managers determine cost behavior, which do you think is most accurate? How can you visualize cost behavior and why is this important?

Explain in details what the textbook means by a “cost hierarchy”