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At the break-even point

a. Contribution margin equals total variable costs.

b. Contribution margin equals total fixed costs.

c. Sales equals total fixed costs.

d. Sales equals total variable costs.

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Lelia Lubowitz
Lelia LubowitzLv2
20 Mar 2020

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Related questions

________ is the excess of sales over the cost of goods sold.

A) Gross margin

B) Contribution-margin ratio

C) Variable-cost ratio

D) Contribution margin

Answer:

Which statement is FALSE?

A) Each different sales-mix of products has a differentbreak-even point.

B) Changes in the sales-mix of products sold affects a company'snet operating profit.

C) Changes in the sales-mix of products sold affects a company'scontribution margin.

D) If the sales-mix of products sold changes, the break-evenpoint does not change.

Answer:

With mixed costs, the ________ element is unchanged over therelevant range and the ________ element varies proportionately withcost-driver activity.

A) variable cost; fixed cost

B) fixed cost; variable cost

C) fixed cost; step cost

D) step cost; variable cost

Answer:

The sales price is $30 per unit, the contribution margin is $8per unit and total fixed costs are $32,000. What is the break-evenpoint in units?

A) 857

B) 1,200

C) 2,000

D) 4,000

Answer:

If the selling price per unit increases, what is the effect onthe break-even point? (Assume no other changes.)

A) The break-even point increases.

B) The break-even point decreases.

C) The break-even point remains the same.

D) The break-even point is zero.

The contribution margin ratio is

a. the difference between sales revenue and variable costs.

b. the difference between variable costs and fixed costs.

c. variable costs divided by fixed costs.

d. contribution margin per unit divided by sales price per unit.

Ā 

The contribution margin ratio is?

A. the difference between sales revenue and variable costs.

B. the difference between variable costs and fixed costs.

C. variable costs divided by fixed costs.

D. contribution margin per unit divided by sales price per unit.

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