# Cost Behavior Analysis Flashcards

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Total (mixed) cost = $2,000 + ($10 x 500)

Total (mixed) cost = $7,000

Total cost = fixed cost + (variable cost x units of activity)

This is also written as: y = a + bx

You can divide this by the number of units to find the mixed cost per unit.

(1,000 x p) = (1,000 x 10) + $4,000 + $2,000

1,000p = $16,000

p = $16,000 / 1,000

Price = $16

(Units sold x Price per unit) = (Units sold x Variable cost per unit) + Fixed cost + Profit

This can be written as: xp = xv + FC + profit

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## Flashcard Content Overview

The flashcards in this set can help you review the cost-volume profit analysis along with target profits. You'll be able to focus on variable, fixed and mixed costs, as well as the importance of operating leverage. These cards also cover the formula for determining a business's break-even point and the unit contribution margin. Additionally, these cards offer you the chance to solve practice problems using cost behavior analysis formulas.

(Units sold x Price per unit) = (Units sold x Variable cost per unit) + Fixed cost + Profit

This can be written as: xp = xv + FC + profit

(1,000 x p) = (1,000 x 10) + $4,000 + $2,000

1,000p = $16,000

p = $16,000 / 1,000

Price = $16

Total cost = fixed cost + (variable cost x units of activity)

This is also written as: y = a + bx

You can divide this by the number of units to find the mixed cost per unit.

Total (mixed) cost = $2,000 + ($10 x 500)

Total (mixed) cost = $7,000

Find unit contribution margin: $10 - $5 = $5

Divide fixed cost by unit contribution margin: $1,000 / $ 5 = $200

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Accounting 303: Cost Accounting18 chapters | 152 lessons | 13 flashcard sets

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- Budgetary Processes Flashcards
- Cost Accounting for Decision Making Flashcards
- Cost Behavior Analysis Flashcards
- Cost Estimation Flashcards
- Cost System Types in Accounting Flashcards
- Costing Methods & Techniques Flashcards
- Ethics & Trends in Accounting Flashcards
- Intro to Activity-Based Costing Flashcards
- Intro to Cost-Volume-Profit Analysis Flashcards
- Product & Service Costing Flashcards
- Service Department & Joint Cost Allocation Flashcards
- Standard Costs & Formulas for Accounting Flashcards
- Accounting 303: Cost Accounting Formulas
- Go to Studying for Accounting 303