How does assuming that operating activity occurs within a relevant range affect cost-volume-profit analysis?

Which investment return, expected or actual, does GAAP allow in the calculation of benefit cost?

Identify two ways in which a contribution margin income statement differs in format from a traditional income statement. Which is more useful for decision making and why?

Which format of the Income Statement is appropriate for financial reporting? O Variable costing O Activity-based O Absorption O any format is fine for financial reporting

T3-1 Variable costing income statement Following is Hartzberg's latest income statement. The company produced and sold 100,000 units during the year. Sales (100,000 units at $50)   $ 5,000,000 Cost of goods sold:      Direct material $1,500,000    Direct labor 800,000    Variable manufacturing overhead 300,000    Fixed manufacturing overhead 1,200,000     Total cost of goods sold   3,800,000 Gross profit   1,200,000 Selling expenses:      Variable 200,000    Fixed 700,000     Total selling expenses   900,000 Operating income   $    300,000 Required Restate the income statement in contribution margin format, as if Hartzburg had used a variable costing system to report income.

2. What is cost-volume-profit analysis and what are the important assumptions of this analysis?

Cost-volume-profit analysis is used to make many decisions, including product pricing and controlling costs. What assumptions are used in cost-volume-profit analysis?

Which of the following is NOT considered in cost-volume-profit analysis? Variable costs Fixed costs Opportunity costs Mixed costs

Question: In marginal accounting, what is the primary focus when analyzing costs and revenues? A) Total accumulated costs and revenues B) Average costs and revenues C) Incremental changes in costs and revenues D) Fixed costs and variable costs

What is meant by incremental revenue or incremental cost?