Question: 1. Suppose a company operates below its break-even point, will the Income Statement show Net Loss or Net Income?
2. What is term for Sales less Variable Cost
3. Will a decrease in variable cost per unit increase OR decrease break-even point?
4. Will an increase in unit selling price increase OR decrease break-even point?
5. Will an increase in fixed costs increase OR decrease break-even point?
6.What is Contribution Margin/Net Operating Income?
7.What is Actual Sales - Break-even Sales?
8.What is the Break-even Formula?
9. What is the range of activity over which the behavior of a cost behaves consistently?
10.What cost is made up partially of fixed and paritally of variable portions?