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- The difference between total sales in dollars and total variable expenses is called: a. net profit b. net operating income c. the gross margin O d. the contribution marginWhich of the following does not represent a cost -volume -profit analysis equation a. Sales = totale expenses + profit b. Sales + fixed expenses profit = contribi argin + sales c. Profit = contrib contribution margin - fixed expenses d. Contribution margin- fixed expenses - profit 0 e. Sales - fixed expenses - variable expenses ses = 0Which of the following ratios indicates the percentage of each sales dollar that is available to cover fixed costs and to provide a profit? a. costs and expenses ratio b. contribution margin ratio c. margin of safety ratio d. profit ratio
- Mark up can be calculated by the formula; a. Markup = Cost + Expenses b. Markup = Cost + Profit c. Markup = Selling price + Cost d. Markup = Expenses + ProfitAll of the following represents a cost -volume -profit relationship except : a. Profit = totalcon contribution margin - fixed expenses b. Sales = totalexpenses + profit c. Sales - Variable expenses = fixed expenses - profit d. Sales - variable expenses - profit = fixed expenses e. Total contribution margin + variable expenses = variable expenses + fixed expenses + profitAll of the following represents a cost-volume-profit relationship except: O a. Total contribution margin + variable expenses = variable expenses + fixed expenses+ profit O b. Sales - total expenses + profit O. Sales - variable expenses - profit = fixed expenses O d. Sales - Variable expenses - fixed expenses - profit O e. Profit = total contribution margin - fixed expenses
- Which of the following does not represent a cost-volume-profit analysis equation? a. Sales - fixed expenses - variable expenses = 0 O b. Profit = contribution margin fixed expenses O c. Sales = total expenses + profit O d. Sales + fixed expenses + profit = contribution margin + sales Ое. Contribution margin - fixed expenses + profit = 0 OAll of the following represents a cost-volume- profit relationship except: a. Total contribution margin + variable expenses = variable expenses + fixed expenses + profit b. Sales = totalexpenses + profit C. Sales - Variable expenses enses = fixedexpel expenses - profit d. Sales - variable expenses - profit = fixed expenses e Profit = totalcontril contribution margin - expensesWhich of the following formulas is used to calculate the contribution margin ratio?(Sales − Fixed costs) ÷ Sales.(Sales − Total costs) ÷ Sales.(Sales − Cost of goods sold) ÷ Sales.(Sales − Variable costs) ÷ Sales.
- All of the following represents a cost-volume-profit relationship except: a. Total contribution margin + variable xpenses = variable expenses + fixed expenses profit b. Sales = totalexpe expenses + profit O cSales - variable senses + profit = fied expenses O d. Profit = totalcontri contribution margin- fixed expenses O e Sales - Variable expenses = fixed expenses + profit2. Contribution margin is equal to a. Sales - Fixed expenses b. Sales - Selling expenses c. Sales - Admin. expenses d. Sales - Variable expenses?Which of the following does not represent a cost-volume-profit analysis equation Sales + fixed expenses + profit = contribution margin + sales .a O Contribution margin - fixed expenses - profit = 0.b O Sales - fixed expenses - variable expenses = 0 .c O Profit = contribution margin + fixed expenses d O Sales = total expenses + profit .e O