Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. From which of the following is the break even point not determinable? A) using a mathematical equation B) Computing it using contribution margin C)

1.From which of the following is the break even point not determinable?

A) using a mathematical equationB) Computing it using contribution marginC) Using the high low method D) Deriving it from a CVP graph

2. Fixed costs are $400,000 and the contribution margin per unit is $80. What is the break-even point?

A) 500,000 B) 2,000,000 C) 320,000 units D) 5,000 units

3. Which one of the following computes the break-even points in units?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting An Integrative Approach

Authors: C J Mcnair Connoly, Kenneth Merchant

2nd Edition

099950049X, 978-0999500491

More Books

Students also viewed these Accounting questions

Question

What do you think you will bring to the organization?

Answered: 1 week ago