A fast food restaurant sells meals for Rs . 6 each . The variable cost of preparing and serving each meal is Rs . 2 . The monthly fixed costs of the restaurant amount to Rs . 3600 . How many meals should be sold each month for the restaurant to break even ?
1000 units
500 units
900 units
100 units
The other name of variable costs.
Fixed costs
Direct costs
Indirect costs
Overhead costs
The selling price of product X is Rs . 50 .The variables costs of materials and production labour are Rs . 20 .The weekly fixed costs are Rs . 6000 . Calculate the breakeven level of production .
600 units
200 units
300 units
The point where total costs and total revenue cross .
Breakeven point
Loss
Safety margin
Profit
The extra costs a business will incur by producing one more unit of output .
Direct cost
Marginal cost
Indirect cost
Contribution
The selling ptice of a product is Rs . 15 .And the variable cost of production is Rs . 8 . Calculate the contribution .
Rs . 30
Rs . 120
Rs . 23
Rs . 7
Which of the following form of control is variance analysis?
Budgetary
Cost
None of the above
When are budgets can be used by finance department?
Cash flow planning
Inventory control
Recruitment
Total revenue is the product of quantity sold and.
Price
Wages
Volume
Which of the following try to reduce a manager's biggest problems of uncertainty about what will happen in the future?
Forecasts
Break even analysis
Fixed cost analysis
