Contribution is the difference in
A) Sales and fixed cost
B) Sales and variable cost
C) Sales and total cost
D) Variable cost and fixed cost
Correct Answer:
Verified
Q14: At break even point, the contribution 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
Q20: Contribution is the sum of
A)Fixed cost and
Q21: The angle formed at the intersection of
Q22: Profit-volume ratio is a relationship between
A)Profit earned
Q23: During the boom period, the profits of
Q24: During the recession period, the profits of
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