Question: Please answer both questions The following statements are False as it regards Break Even Analysis and Target Net Income: a. Break Even Point can be
The following statements are False as it regards Break Even Analysis and Target Net Income: a. Break Even Point can be determined in either units produced of Net Income Margin b. Target Net Income is the income set by management for sales. c. Margin of Safety is the difference between actual or expected sales in dollars. d. Sales and Production must meet the outcome of all these analysis. a) A is False b) Bis False c) C is False d)D is False 5) The following statements are False as it regards Incremental Analysis a) In incremental analysis only the cost never revenue vary. B) Relevant Cost are those cost or revenues that differ across alternatives. c) Opportunity Cost is the lost benefit from making one decision over another. d) Overhead is assigned to Finished Goods and not to Work in Process. a) A is False b) B is False c) C is False d) D is False
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