29233293
Descrição
Quiz por Gaby Gijsberts, atualizado more than 1 year ago
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Criado por Gaby Gijsberts
mais de 3 anos atrás
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Questão 1
Questão
Which of the following costs would be a fixed cost for Shaun, a knitwear manufacturer?
Responda
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Purchasing wool
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Labour cost: knitting machine operators
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Factory rent
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Labels and packaging
Questão 2
Questão
Which of the following definitions of break-even point is correct?
Responda
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The break-even point is where total revenue equals total fixed costs plus variable costs.
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The break-even point is where total sales revenue equals total contribution.
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The break-even point is where total fixed costs equals total variable costs.
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. The break-even point is where total revenue equals total fixed costs less variable costs.
Questão 3
Questão
Toby is arranging for a rock concert to be held in the students union. The use of the hall will be free but security costs of £100 will have to be met. The cost of the main band will be £2,500 and the supporting band will cost £150. Tickets will be priced at £11 each. What is the break-even point for this event?
Responda
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227 tickets
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236 tickets
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241 tickets
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250 tickets
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