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-