When are budgets can be used by finance department?
Cash flow planning
Inventory control
Recruitment
None of the above
The extra costs a business will incur by producing one more unit of output .
Direct cost
Marginal cost
Indirect cost
Contribution
Total revenue is the product of quantity sold and.
Price
Wages
Cost
Volume
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
The point where total costs and total revenue cross .
Breakeven point
Loss
Safety margin
Profit
What are fixed costs otherwise called?
Variable cost
Semi variable cost
Break even cost
Overhead cost
What does 'total cost' mean ?
The total income earned by a firm
The total expenses of a firm
The total amount of profit earned by a firm .
The break even chart can be used to show.
Profit margin
Loss margin
Calculate the total revenue raised by selling 2,000 items priced Rs.30 each .
Rs . 60,000
Rs.75,000
Rs . 1,20,000
Rs 2,00,000
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