Question #3The break-even point is where total sales equal total variable costs.TrueFalse1. Question #1Which of the following factors should be considered in a make-or-buy decisionA variable cost of manufacturingpurchase price if item is bought outsidefixed overhead that is directly traced to the itemall of the aboveQuestion #2How much sales are required to earn a target net income of P160,000 if total fixed costs are P200,000 and thecontribution margin ratio is 40%?A) 510,000B) 810,000900,000400,000

Break-even point is the point at which company’s revenues which are earned during the year are equal…

Answered: The break-even point is where total…

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The break-even point is where total sales equal total variable costs. True B) False

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter7: Variable Costing For Management analysis

Section: Chapter Questions

Problem 2BE

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Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.

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