Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 2 Days Ago
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 05 Oct 2017 My Price 4.00

CVP chart intersects

1. Assume that a straight line on a CVP chart intersects the vertical axis at the level of fixed costs and has a positive slope that rises with each additional unit of volume by the amount of the variable costs per unit. What does this line represent?

 

2. Nokia is thinking of expanding sales of its most popular cell-phone model by 65%. Do you expect its variable and fixed costs for this model to stay within the relevant range? Explain.

3. Define and explain the contribution margin ratio.

 

Answers

Maurice Tutor
(5)
Status NEW Posted 05 Oct 2017 10:10 PM My Price 4.00

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