RETL 262 Exam 3

अब Quizwiz के साथ अपने होमवर्क और परीक्षाओं को एस करें!

A company's product sells for $150 and has variable costs of $60 associated with the product. What is its contribution margin per unit?

$90

The amount of a unit's sales price that helps to cover fixed expenses is its ________.

contribution margin

When fixed costs decrease and all other variables remain unchanged, the break-even point will ________.

decrease

When sales price increases and all other variables are held constant, the break-even point will ________.

decrease

When variable costs increase and all other variables remain unchanged, the break-even point will ________.

increase

Which of the budgets is a formal comprehensive plan for a company's futuer?

master budget

Which of the following is an operating budget?

production budget

Which of the operating budgets is prepared first?

sales budget

The most common budget is prepared for a ________.

year

Which approach requires management to justify all its expenditures?

zero based budget


संबंधित स्टडी सेट्स

Business Management - Chapter 13

View Set

Chapter 31: Assessment of Immune Function

View Set

NCLEX EAQ 9 Health Care delivery and infrastructure

View Set

ef3 adv 6a phone and technology phrasal verbs

View Set

D293 - Assessment and Learning Analytics Quiz

View Set

Taylor's Chapter 1: Intro to Nursing (Prep U)

View Set

Chemistry 106 - Chapter 19 Carbohydrates

View Set

Engineering and Design - Unit 3: Quiz 2. Sketch modeling

View Set