Question
Which of the following statements about determining the break-even point is FALSE? A. Revenues equal fixed costs plus variable costs. B. Contribution margin fixed costs
Which of the following statements about determining the break-even point is FALSE?
| A. | Revenues equal fixed costs plus variable costs. | |
| B. | Contribution margin fixed costs is equal to zero. | |
| C. | Operating profit is equal to zero. | |
| D. | Break-even revenues equal fixed costs divided by the variable cost per unit. |
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
