In a cost volume profit graph a the total revenue

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64.In a cost-volume-profit graphA.the total revenue line crosses the horizontal axis at the breakeven point.BobadillaB.beyond the breakeven sales volume, profits are maximized at the sales volume wheretotal revenues equal total costs.C.an increase in unit variable costs would decrease the slope of the total cost line.D.an increase in the unit selling price would shift the breakeven point in units to the left.65.An increase in the income tax rate66.If the sales mix shifts toward higher contribution margin products, the break-even point67.Target costing is68.In order for the break-even computation to be meaningful to management, sales mix should becomputed using theA.expected mixC.most desirable mixB.least desirable mixD.traditional mixBobadilla69.Which of the following is a true statement about sales mix?PROBLEMS:1.Green Corporation expects to sell 3,000 plants a month. Its operations manager estimated thefollowing monthly costs:Variable costsP7,500Fixed costs15,000What sales price per plant does she need to achieve to begin making a profit if she sells theestimated number of plants per month?2.An organization's break-even point is 4,000 units at a sales price of P50 per unit, variable costof P30 per unit, and total fixed costs of P80,000. If the company sells 500 additional units, byhow much will its profit increase?A.P25,000C.P10,000

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Term
Spring
Professor
Paluszak
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We have textbook solutions for you!
The document you are viewing contains questions related to this textbook.
Fundamentals of Financial Management, Concise Edition
The document you are viewing contains questions related to this textbook.
Chapter 16 / Exercise 16-12
Fundamentals of Financial Management, Concise Edition
Brigham/Houston
Expert Verified

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