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A graph of unit volume and cost data is called a: Multiple Choice Least-squares diagram. Step-wise diagram. Scatter diagram. Break-even diagram. Composite diagram. A company's product sells at $12.36 per unit and has a $5.54 per unit variable cost. The company's total fixed costs are $96,200, The break-even point in units is: Multiple Choice 7,053. 17365 4,791 14106 7,783 A company sells headphones for $45 per unit. Fixed costs total $162,000, and variable costs are $18 per unit. The company's break-even point in dollars is $270,000. True or False When graphing cost-volume-profit data on a CVP chart: Multiple Choice Units are plotted on the horizontal axis; costs on the vertical axis. Profit is plotted on the vertical axis; costs on the horizontal axis. Both profit and costs are plotted on the horizontal axis. Both units and cost are plotted on the vertical axis. Data points always represent expected future points. The following information is available for a company's maintenance cost over the last seven months. Using the high-low method, the variable component of its maintenance cost is: Multiple Choice $30.00 per unit. $25.00 per unit. $22.50 per unit. Which one of the following statements is false? Multiple Choice Total fixed costs remain the same regardless of volume within the relevant range. Total variable costs change with volume. Total variable costs decrease as the volume increases. Fixed costs per unit increase as the volume decreases. Variable costs per unit remain the same regardless of the volume. Using the high-low method, the variable component of its maintenance cost is: Multiple Choice $30.00 per unit. $25.00 per unit. $22.50 per unit. $16.11 per unit. $22.00 per unit. A cost that remains unchanged in total despite variations in volume of activity within a relevant range is a: Multiple Choice Fixed cost. Composite cost. Variable cost. Step-wise cost. Standard cost. A product sells for $175 per unit, and its variable costs are 56% of sales. The fixed costs are $492,800. What is the break-even point in sales dollars? (Do not round intermediate calculations.) Multiple Choice $880,000 $2,816. $1,120,000 $492,800 $6,400 A method that estimates cost behavior by using just the highest and lowest volume levels is called the: Multiple Choice Scatter method. High-low method. Least-squares method. Break-even method. Step-wise method. The sales level at which total sales equal total costs, resulting in zero income, is called: Multiple Choice Relevant range. Margin of safety. Step-wise variable level. Break-even point. Contribution margin

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