Break even chart depicts
A) Cost volume profit relationship
B) Relationship between fixed and variable cost only
C) Relationship between price and quantity demanded
D) Relationship between price and quantity supplied
Correct Answer:
Verified
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
Q14: At break even point, the contribution equal
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
Q20: Contribution is the sum of
A)Fixed cost and
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