On a CVP graph, the intersection of the sales revenue line and the total cost line is known as the: O a. margin of safety point O b. breakeven point O c. unit contribution margin O d. total cost point

On a CVP graph, the intersection of the sales revenue line and the total cost line is known as the: O a. margin of safety point O b. breakeven point O c. unit contribution margin O d. total cost point

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 15MC: Absorption costing is also referred to as: A. direct costing B. marginal costing C. full costing D....

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Concept explainers

Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.

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On a CVP graph, the intersection of the sales revenue line and the total cost line is known as the:
O a. margin of safety point
O b. breakeven point
O c. unit contribution margin
O d. total cost point

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