Under High and Low Point method, the output at two different levels is compared with the amount of __________ incurred at these two points.

Related MCQs

• Which of the following are the assumptions of marginal costing? 1) All the elements of cost can be divided into fixed and variable components. 2) Total fixed cost remains constant at all levels of output. 3) Total variable costs vary in proportion to the volume of output. 4) Per unit selling price remain unchanged at all levels of operating activity.
• The factor which limits the volume of output of different products of an understanding at a particular point of time is known as…
• Ratios of different items for various periods are calculated and compared
• Current ratio is 4:1, the amount of current liabilities is Rs.12000 the amount of working capital is-----
• If the actual output is more than the budgeted output, volume variance is
• While making make or buy decision under marginal costing, external purchase price of the articles must be compared with its
• ___________in accounting, is when the costs to acquire an asset are expensed over the life of that asset rather than in the period it was incurred?
• Using equation method, Break-even point is calculated as
• _________ is stated as a budget which is made to change as per the levels of activity attained.
• The relationship between two amount or variables is measured with the help of ------------