14) The break-even point is that level of activity where:A) sales revenue equals total variable cost.B) total revenue equals total cost.C total contribution margin equals the sum of variable cost plus fixed cost.D) profit is greater than zero.E) variable cost equals fixed cost.

Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

4) The break-even point is that level of activity where: A) sales revenue equals total variable cost. B) total revenue equals total cost. O total contribution margin equals the sum of variable cost plus fixed cost. D) profit is greater than zero. E) variable cost equals fixed cost.

4) The break-even point is that level of activity where: A) sales revenue equals total variable cost. B) total revenue equals total cost. O total contribution margin equals the sum of variable cost plus fixed cost. D) profit is greater than zero. E) variable cost equals fixed cost.

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter7: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 8MCQ: The contribution margin is the a. amount by which sales exceed total fixed cost. b. difference...

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Question

14) The break-even point is that level of activity where:
A) sales revenue equals total variable cost.
B) total revenue equals total cost.
C total contribution margin equals the sum of variable cost plus fixed cost.
D) profit is greater than zero.
E) variable cost equals fixed cost.

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