Breakeven Point

Presentation

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Professional Development

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University

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Hard

Shelton Mhlanga

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3 Slides • 6 Questions

Breakeven Point

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Multiple Select

Break even point is..

Maximum profit a business can make.

Is when a business starts making a profit.

When a business neither makes a profit nor a loss.

When a business starts making a loss.

When total costs are equal to total revenue.

Multiple Select

Which of the following are fixed costs?

Business Rates

Wages

Manager's Salary

Rent

Insurance

Multiple Select

Costs which do not vary with the level of output are called....

Direct costs

Fixed costs

Overhead costs

Permanent costs

Fixed costs.

Fixed Costs do not vary with output.

They remain fixed for a specific period.

Multiple Select

Which of the following are variable costs?

Telephone

Wages

Direct Materials

Direct labour

Variable costs.

Variable costs vary with output.

The higher the level of output the higher the variable costs.

Open Ended

Costs which are both fixed and variable called.......

Type response here

Open Ended

Give two examples of semi variable costs.

Type response here

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