When an operations total fixed and variable costs a. Equal its revenue, the breakeven point has been
Question:
When an operation’s total fixed and variable costs
a. Equal its revenue, the breakeven point has been reached.
b. Are greater than its revenue, the break even point has been reached.
c. Are less than its revenue, the break even point has been reached.
d. Equal to its opportunity costs, the break even point has been reached.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 44% (18 reviews)
a Equal its ...View the full answer
Answered By
Rashul Chutani
I have been associated with the area of Computer Science for long. At my university, I have taught students various Computer Science Courses like Data Structures, Algorithms, Theory of Computation, Digital Logic, System Design, and Machine Learning. I also write answers to questions posted by students in the area of and around Computer Science.
I am highly fortunate to receive great feedback on my teaching skills that keeps me motivated. Once a student sent me an email stating that I had explained to him a concept better than his professor did.
I believe in the fact that "Teaching is the best way to learn". I am highly fascinated by the way technology nowadays is solving real-world problems and try to contribute my bit to the same.
Besides tutoring, I am a researcher at the Indian Institute of Technology. My present works are in the area of Text Summarization and Signal and Systems.
Some of my achievements include clearing JEE Advanced with an All India Rank of 306 out of 1.5 million contesting candidates and being the Department Ranker 1 at my University in the Department of Computer Science and Engineering.
I look forward to providing the best Tutoring Experience I can, to the student I teach.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Managerial Accounting for the Hospitality Industry
ISBN: 978-1119386223
2nd edition
Authors: Lea R. Dopson, David K. Hayes
Question Posted:
Students also viewed these Business questions
-
Almo Company manufactures and sells adjustable canopies that attach to motor homes and trailers. The market includes both new unit purchasers and purchasers of replacement canopies. Almo developed...
-
Quality improvement, theory of constraints. The Wellesley Corporation makes printed cloth in two departments: Weaving and Printing. Direct material costs are Wellesleys only variable costs. The...
-
Estimating fixed and variable costs using the high-low method Conry Ice Cream Company produces various ice cream products for which demand is highly seasonal. The company sells more ice cream in...
-
Given the following network, with the indicated flow capacities along each branch, determine the maximum flow from source node 1 to destination node 10 and the flow along eachpath: 15 5 10 7 16 12 0...
-
Craig borrowed $350,000 on October 1, 2014 and is required to pay $360,000 on 3/1/15. What amount is the note payable recorded at on October 1, 2014 and how much interest is recognized from October 1...
-
Describe the origin of cocktails. What constitutes a cocktail?
-
What is your dollar VaR when holding a UK portfolio of 100m if the current exchange rate is \($1.5\) per , the correlation between the return on the UK portfolio and the exchange rate is = 0.5, the...
-
Perke Corporation purchased 80% of the stock of Superstition Company for $1,970,000 on January 1, 2012. On this date, the fair value of the assets and liabilities of Superstition Company was equal to...
-
A nursing team is having a routine meeting. One of the nurses, Stephen, is at the end of a 12-hour shift, and another nurse, Tanya, is just beginning hers. Tanya is a senior nurse in the unit with...
-
1. In which specific ways is Maya being a manipulator? 2. To what extent do you think Maya's behavior is justifiable? 3. How should Ivan and Courtney have handled the situation? 4. What suggestions...
-
Prior to conducting a cost/volume/profit preparing analysis, a restaurant manager must a. Develop a contribution margin income statement. b. Prepare an up-to-date balance sheet. c. Develop an income...
-
When they are calculated as a percentage of sales, a hospitality operations costs are a. Reduced when sales are high and are increased when sales are low. b. Reduced when sales are high and stay the...
-
a) Use the identity sin x + cos x = 1 to prove that b) Use the identity you proved in part (a) to find the minimum values of 1+ sinx cos.x cosx = tanx + tanx + 1.
-
Fiona Heselwith is a 40-year-old US citizen who has accepted a job with Lyricul, LLC, a UK-based company. Her benefits package includes a retirement savings plan. The company offers both a defined...
-
Dianna Mark is the chief financial officer of Antiliaro, a relatively mature textile production company headquartered in Italy. All of its revenues come from Europe, but the company is losing sales...
-
Describe how each of the following common characteristics of institutional investors supports the Funds allocation to private real estate: i. Scale ii. Investment horizon iii. Governance framework...
-
Discuss the advantages and the disadvantages of the investment approach currently being used by the Investment Committee. Bern Zang is the recently hired chief investment officer of the Janson...
-
Discuss whether the current investment policy is appropriate given the Endowments annual spending policy. Upon completion of the investment policy review by her four-person staff, the CIO makes some...
-
Why do you think that Theory X/Y has had such a strong influence on understanding leadership? Can you think of other assumptions that managers may hold in their subconscious mind that influence how...
-
Discuss the concept of the looking-glass self. how do you think others perceive you? do you think most people perceive you correctly?
-
Units of production data for the two departments of Continental Cable and Wire Company for May of the current fiscal year are as follows: Each department uses the average cost method. a. Determine...
-
The Converting Department of Sydney Napkin Company uses the average cost method and had 1,600 units in work in process that were 60% complete at the beginning of the period. During the period, 16,200...
-
The following are some quotes provided by a number of managers at Ken-Tex Machining Company regarding the companys planned move toward a just-in-time manufacturing system: Director of Sales:Im afraid...
-
Evaluate the challenges and solutions associated with implementing robust error handling and recovery mechanisms in operating systems, particularly in the context of disk I/O operations and system...
-
Erica, Deana & Tara had average capital balances of $350,000, $380,000 and $400,000 respectively during the current fiscal year. The partnership agreement provides for an allowance of 4% on the...
-
Retum to quest Grove Audio is considering the introduction of a new model of wireless speakers with the following price and cost characteristics. Sales price Variable costs Fixed costs Required: $...
Study smarter with the SolutionInn App