CHAPTER 3 QUIZ - CHAPTER 3 QUIZ 1 Which of the following is not a factor in cost-volume-profit analysis a Units sold b Selling price c Total variable

CHAPTER 3 QUIZ - CHAPTER 3 QUIZ 1 Which of the following is...

This preview shows page 1 - 2 out of 4 pages.

CHAPTER 3 QUIZ1.Which of the following is nota factor in cost-volume-profit analysis?a.Units soldb.Selling pricec.Total variable costsd.Fixed costs of a product2.Which of the following is notan assumption of cost-volume-profit analysis?3.Contribution margin is calculated asQuestions 4-6 are based on the following data.Tee Times, Inc. produces and sells the finest quality golf clubs in all of ClayCounty. The company expects the following revenues and costs in 2004 for its Elite Quality golf club sets:Revenues (400 sets sold @ $600 per set)$240,000Variable costs160,000Fixed costs50,000

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture