50% 20% 32% None of these Answer 4. None of these
Category: COMMERCE MCQs
In statement of cost, realisable value of scrap is deducted from :
Works cost Cost of production Total cost Prime cost Answer 1. Works cost
The break-even chart signifies the relationship between :
Cost and volume of sales Cost and volume of profit Cost and volume of production All of the above Answer 4. All of the above
The ‘Margin of Safety’ is equal to :
Fixed cost + Profit Fixed cost + Contribution margin Sales revenue – Sales revenue at break-even point Sales revenue – Variable costs Answer 3. Sales revenue – Sales revenue at break-even point