A line on a scatter diagram to show the relation between cost and unit volume is the:Multiple ChoiceEstimated line of cost behavior.Margin of safety line.Break-even line.Standard cost line.Contribution margin line.

Multiple Choice QuestionWhen preparing a scatter diagram, the estimated line of cost behavior is drawn on a scatter diagram to show the relation between:Multiple choice question.cost and unit volumevariable and fixed costslowest and highest point of activityfixed cost and unit volume

A graph of unit volume and cost data is called a:Multiple ChoiceBreak-even diagram.Scatter diagram.Least-squares diagram.Step-wise diagram.Composite diagram.

In cost-volume-profit analysis, the contribution margin per unit is:Multiple ChoiceThe same as the contribution margin ratio.Selling price per unit less total cost per unit.Selling price per unit less variable costs per unit.Selling price per unit less fixed costs per unit.Selling price per unit less cost of goods sold per unit.

The break-even point in a cost-volume-profit graph is always found:Multiple Choiceat 50% of full capacity.at the sales volume resulting in the lowest average unit cost.at the volume at which total revenue equals total variable costs.at the volume at which total revenue equals total fixed costs plus total variable costs.

How are variable costs represented graphically?Group of answer choicesstarting at a given point and having a downward sloping line as activity increasesstarting at zero and having an upward sloping line as activity increasesthe intersection of the total costs and total revenue linesa horizontal line, staying the same irrespective of the level of activity