COST ACCOUNTING
BREAK EVEN POINT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which one of the following costs is most likely to be variable for a fast food restaurant?
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The salary of the manager
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The rent of the restaurant
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The cost of the food supplies
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The machinery used to cook the food
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Explanation:
Detailed explanation-1: -A variable cost is an expense that changes in proportion to production output or sales.
Detailed explanation-2: -Which of the following is a reason for managers knowing the costs of the business? They will be able to increase output. It will help them fix the price of the product(s).
Detailed explanation-3: -Which of the following is the best definition of COSTS? The amount of money a business has left over after paying for materials.
There is 1 question to complete.