Which of the following formulas is incorrect:
A) S = FC + P
CR
B) VR = 1 - CR
C) CM = VC X CR
Correct Answer:
Verified
Q9: Variable rate equals sales price divided by
Q10: Variable cost per unit equals sales price
Q11: VR equals:
A) CM divided by CR
B) 1
Q12: To achieve the greatest possible accuracy when
Q13: Sales price minus variable cost per unit
Q15: It is possible to determine the number
Q16: Given sales of $120,000, variable costs of
Q17: Given fixed costs of $95,000, a profit
Q18: Given average variable cost of $4.20 and
Q19: Given sales price of $8.00 and variable
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