Question 29
Question 29 of 30

Question image for Q29
You can solve this MCQ to see its answer, but your attempt won't be logged unless you login
No letter options?
Older MCQs might not have the typical A, B, C, D choices. They have choices 1, 2, 3, and a combination of them is the answer. Below is the key that maps such combinations to the answer.
A 1, 2 and 3 are correct
B 1 and 2 only are correct
C 2 and 3 only are correct
D 1 only is correct

Topics Tested

how to calculate the break-even point, contribution to sales ratio, level of output or sales to achieve a target profit, and margin of safety

how to identify and calculate fixed costs, variable costs, semi-variable costs and stepped costs