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answer the following MCQs without explanation- a)What is prime cost? Select one: O a. Total direct costs only O b. Total indirect costs only O

answer the following MCQs without explanation-

a)What is prime cost?

Select one:

O a. Total direct costs only

O b. Total indirect costs only

O c. Total non-production costs

O d. Total production costs

b)Which of the following is true at break even point?

Select one:

O a. Total sales revenue = Variable cost

b. Profit = Fixed cost

O c. Sales revenue = Total cost - variable cost

O d. Contribution = Fixed cost

c)Those cost that have both fixed and variable element are called

Select one:

O a. Variable cost

b. Total fixed cost

c. Semi variable cost

d. Prime cost

d)Which of the following factors responsible for change in the break-even point?

Select one:

O a. Change in selling price

O b. Change in variable cost

O c. Change in fixed cost

O d. All of the above

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