Quiz 3 ans (1) - 1 The break-even point is when a the company is operating at a loss b total revenue equals total cost c the company is earning a small

Quiz 3 ans (1) - 1 The break-even point is when a the...

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1.The break-even point is when a.the company is operating at a loss.b.total revenue equals total cost.c.the company is earning a small profit.d.total sales equal variable costs.e.total sales equals operating income.ANS: BPTS:1DIF:EasyOBJ:4-1NAT:AACSB Analytic | AICPA FN-Decision Modeling | IMA-Decision Analysis | ACBSP-APC-31-Break-even point 2.If variable costs per unit decrease, sales volume at the break-even point will 3.Assume the following information:Variable cost ratio80%Total fixed costs$60,000What volume of sales dollars is needed to break even? PTS:1DIF:ModerateOBJ:4-1NAT:AACSB Analytic | AICPA FN-Decision Modeling | IMA-Decision Analysis | ACBSP- APC-31-Break-even point

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