The angle formed at the intersection of sales line and variable cost line is called
A) Angle of incidence
B) Acute angle
C) Loss area
D) Profit area
Correct Answer:
Verified
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
Q20: Contribution is the sum of
A)Fixed cost and
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
Q25: When variable cost per unit increases break
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