At break even point, the contribution equal to
A) Fixed cost
B) Variable cost
C) Total cost
D) Zero
Correct Answer:
Verified
Q9: Job costing can be done in conjunction
Q10: In contract costing most of the items
Q11: When the completion stage of a contract
Q12: Contract testing is a basic method of
A)Specific
Q13: At break even point, the
A)Fixed cost equal
Q15: Break even chart depicts
A)Cost volume profit relationship
B)Relationship
Q16: Period costs means
A)Variable cost
B)Fixed cost
C)Prime cost
D)Direct cost
Q17: The valuation of stock, in marginal costing,
Q18: Contribution margin is also known as
A)Gross profit
B)Net
Q19: Contribution is the difference in
A)Sales and fixed
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