ne lett on Which of the following statements related to CVP chart is not true?...

90.2K

Verified Solution

Question

Accounting

image
ne lett on Which of the following statements related to CVP chart is not true? d Flag O a. The scatter graph method is a way to estimate the cost behavior by graphically connecting the two cost amounts identified with the highest and lowest volume levels. b. None of the given answers. Oc The slope of the total cost line determines the variable cost per unit. Od. The intercept between the total cost line on a graph and the y-axis determines the fixed cost. Oe. To determine the variable cost per unit from a graph, the change in cost is divided by the change in units. Of To calculate the total fixed cost from a graph is by multiplying a level of volume by the variable cost per unit found out earlier and subtracting that from the total cost for that level of volume. CLEAR MY CHOICE

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students