Business, 31.12.2019 06:31 Isabellawuzhere
Which of the following statements is true of break-even point?
a) it cannot be used for control purposes in business organizations.
b) it can be reached by selling very few units if the fixed costs are high.
c) it is calculated as the ratio of the total fixed costs to the contribution margin of a unit.
d) it managers exercise control after the product has been created and is ready for marketing.
Answers: 3
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Which of the following statements is true of break-even point?
a) it cannot be used fo...
a) it cannot be used fo...
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