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
The following factor is an avoidable cause for labour turnover :
Lower wages Resignation Retirement Workers’ moving nature\ Answer 1. Lower wages
Composite rent includes the ren received from following assets except :
Fixed assets Power backup Lifts Cash box Answer 4. Cash box