# Fixed costs vary with the level of production or sales volume

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Fixed costs vary with the level of production or sales volume

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## Related Questions in Financial Accounting - Others

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Multiple Choice Fixed costs depend on a. the amount of resources used b. the amount of resources acquired c. the volume of production d. the volume of sales

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salaries. The output of the plant can be increased or decreased by adjusting a few dials on a control panel. The following budgeted and actual data are for the operations of the All-Fixed Company. All-Fixed uses budgeted production as the denominator level and writes off any production-volume...

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SOLUTION: Variable Costing Income Statement: Particulars 2003 2004 Together Revenue / Contribution Margin $300,000.00$ 300,000.00 $600,000.00 Fixed Costs: Manufacturing Costs$ 280,000.00...
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in units for the company? b. What is the dollar sales volume the firm must achieve to reach the break-even point? c. What is the degree of operating leverage for a production and sales level of 5,000 units for the firm? ( Calculate to three decimals.) d. What will be the projected effect on earnings

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Solution: a . Break-even point = Fixed Cost/Contribution per unit Since, Contribution per unit = Selling price per unit - Variable cost per unit = $(500 - 350) =$150 per unit Therefore,...

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