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Man10e_ABSol_ch04

Man10e_ABSol_ch04 - Fill-in-the-Blank Principles and...

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ACHIEVEMENT TEST SOLUTIONS—CHAPTER 4 TEST 4A Fill-in-the-Blank Principles and Terminology 1. variable 2. activity base 3. variable 4. mixed 5. variable cost per unit 6. increase 7. increase 8. contribution margin ratio (or profit-volume ratio) 9. increase 10. sales and costs 11. “what if” or sensitivity analysis 12. sales mix 13. operating leverage 14. margin of safety 15. straight lines
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TB1-64 TEST 1A (Concluded) Problem Problems 1. 125,000 2. 140,000 3. 33.3% 4. 375,000 5. 30% 6. 20% 7. $4 8. $34,000 9. 1,000 10. 250
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TEST 4B Fill-in-the-Blank
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Unformatted text preview: Fill-in-the-Blank Principles and Terminology 1. variable 2. relevant range 3. activity base 4. fixed 5. mixed TB1-66 TEST 1A (Concluded) 6. variable (or direct) costing 7. mixed 8. increase 9. 15,000 units 10. contribution margin ratio (or profit-volume ratio) 11. decrease 12. sales mix 13. horizontal 14. margin of safety 15. “what if” or sensitivity analysis Problem Problems 1. 15,000 2. 22,500 3. 25% 4. 60% 5. 8 6. 120% 7. $7.00 8. $66,000 9. $272,000 10. 9,600...
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