Breakeven analysis is useful for companies that sell product

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Reference no: EM132108281

1. Breakeven is defined as the point where sales volume in dollars and units is exactly equal to the costs incurred to generate those sales. There is no profit and no loss at this point.

True

False

2. Breakeven analysis is useful for companies that sell products, but, it is not useful for companies that provide services.

True

False

3. Variable costs do not change in total as sales volume changes

True

False

4. Fixed costs do not change in total as sales volume changes.

True

False

5. Variable costs are calculated on a _______ basis.

Per shift

Per unit

Per batch

6. Fixed costs are calculated on a ________ basis.

Daily

Weekly

Monthly

Yearly

Reference no: EM132108281

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