Value is the cost directly proportionate to

Related MCQs

• The term marginal cost can be used as a substitute of variable cost while measuring Contribution.
• Given selling price is Rs 10 per unit, variable cost is Rs 6 per unit and fixed cost is Rs 5,000. What is break-even point?
• If ‘a’ is the base amount expenditure, ‘b’ is the increase in the operation cost each year over a period of’ 'n’ years, the total cost of maintenance is:
• The cost incurred by the manufacturer beyond use value is called
• The cost reduction technique in comparison to the worth of a product is known as
• Determine total as well as per unit contribution if Sales is Rs 40,000, Sales in units is 4,000 and variable cost is Rs 30,000.
• Determine Contribution if Fixed cost is Rs 40,000 and profit is Rs 30,000.
• Determine Contribution if Fixed cost is Rs 50,000 and loss is Rs 20,000.
• The Break-even Point of a company is that level of sales income which will equal the sum of its fixed cost.
• While measuring break-even analysis, it is considered that during a specific period there will be no change in general price level, i.e., labor, cost of material and other overheads.