# ACC 349 Week 4 Individual Assignment Ch. 5 6

May 8th, 2015
Studypool Tutor
Price: \$10 USD

Tutor description

ACC 349 Week 4 Individual Assignment Ch. 5 6

Word Count: 318
Showing Page: 1/4
E5-1a)Variable Costs:costs that are different in total in direct proportion to changes in activity butstay constant based on per unit.Fixed Costs:costs that stay constant in total with a specific relevant range butdiffer reciprocally with changes in activity based on per unit.Mixed Costs:costs that have variable and mixed components whichdiffer with changes in activity, but not proportionately.b)Cost ClassificationsDirect MaterialVariableDirect Labor VariableUtilitiesMixedRentFixedMaintenance MixedSupervisory SalariesFixedE5-91)a)Contribution Margin Ratio=Contribution Margin/Fare RevenueContribution Margin Ratio=\$27000/\$45000Contribution Margin Ratio=60 %Breakeven Point in Dollars=Fixed Cost/CM RatioBreakeven Point in Dollars=20250/60 %Breakeven Point in Dollars=\$33750bRound Trip Fare=\$45000/300 faresRound Trip Fare=\$150 per fareBreakeven Point in Dollars=(Fixed Costs/CM Ratio)/Round Trip FareBreakeven Point in Dollars=(20250/60%)/\$150Breakeven Point in Dollars=225 Round Trips2Contribution Margin at Breakeven is \$20250 because at the breakeven point it is equal to Fixed Costs.3Fare RevenuesVariable Costs\$54,000\$24,300=(400 fare

## Review from student

Studypool Student
" AMAZING as always! "

1829 tutors are online

### Other Documents

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors