题目内容

The concept of operating leverage involves the use of __________ to magnify returns at high levels of operation.

A. fixed costs
B. variable costs
C. marginal costs
D. semi-variable costs

查看答案
更多问题

In break-even analysis, the contribution margin is defined as

A. sales price minus variable cost.
B. sales price minus fixed cost.
C. variable cost minus fixed cost.
D. fixed cost minus variable cost.

At the break-even point, a firm's profits are

A. greater than zero.
B. less than zero.
C. equal to zero.
D. Not enough information is given to determine.

If a firm sells 40,000 units and the contribution margin on the firm's single product is $4.00 per unit and fixed costs are $60,000, what is the firm’s breakeven point in units?

A. 100,000 units
B. 15,000 units
C. 60,000 units
D. 40,000 units

If sales units exceeds the break-even point in units, the firm will experience

A. an operating loss.
B. an operating profit.
C. an increase in plant and equipment
D. an increase in stock price

答案查题题库