If revenue = $135 and variable cost = 45% of revenue, then contribution margin = $79.25. a. True. b. False.

1. At the break-even point mon a tot misb a. Contribution margin = fixed costs b. Variable costs = fixed costs c. Sales contribution margin d. Contribution margin = 0 when erf 99

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How do you solve for contribution margin? For general accounting question

In the equation Y = 200 + 0.8X, Y represents Question 54 options: a) Variable cost per unit of activity b) Activity level c) Total cost d) Fixed cost

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True or False. Variable costs as a percentage of sales are equal to 100% minus the contribution margin ratio.

23.In the formula y = a + bX, y represents   a. total fixed cost b. total variable cost c. total cost d. variable cost per unit

Cost, revenue, and profit are in dollars and x is the number of units. If the total profit function is P(x) = 3x – 18, find the marginal profit MP. MP = What does this mean? O This is the total cost. O The next unit sold costs this much to make. O This is the total revenue. O The next unit sold earns this much profit. O This is the total profit.

Assume that the situation can be expressed as a linear cost function. Find the cost function in this case. Marginal cost: $60; 120 items cost $8000 to produce. The linear cost function is C(x)= FEE