At the break-even point,
Options:
A. Total cost is more than the sales revenue
B. Total cost is less than the sales revenue
C. Total cost is equal to sales revenue
D. Fixed cost is equal to variable cost
Answer: Option C
Explanation :

Previous Next

Submit Solution

Your email address will not be published. Required fields are marked *

More Questions on This Topic :

Question 1. The process layout is best suited where
  1.     Specialization exists
  2.     Machines are arranged according to sequence of operation
  3.     Few number of non-standardized units is to be produced
  4.     Mass production is envisaged
Answer: Option C
Explanation :
Question 2. The objective of time study is to determine the time required to complete a job by
  1.     Fast worker
  2.     Average worker
  3.     Slow worker
  4.     New entrant
Answer: Option B
Explanation :
Question 3. Routing assists engineers in deciding in advance
  1.     The flow of material in the plant
  2.     The methods of proper utilization of manpower
  3.     The methods of proper utilization of machines
  4.     The layout of factory facilities
Answer: Option C
Explanation :
Question 4. Product layout is best suited where
  1.     One type of product is produced
  2.     Product is standardized
  3.     Product is manufactured in large quantities
  4.     All of the above
Answer: Option D
Explanation :
Question 5. The determination of standard time in a complex job system is best done through
  1.     Stop watch time study
  2.     Analysis of micro-motions
  3.     Grouping timing technique
  4.     Analysis of standard data system
Answer: Option D
Explanation :
Question 6. Product layout is best suited where
  1.     One type of product is produced
  2.     Product is standardized
  3.     Product is manufactured in large quantities
  4.     All of the above
Answer: Option D
Explanation :