The break-even point refers to the revenues necessary to cover a company's total amount of fixed and variable expenses during a specified period of time. At the break even point, total cost is equal to sales revenue.
26) At the break even point,
Answer is:
total cost is equal to sales revenue
Explanation:
Related Industrial Engineering MCQ with Answers
Answer is:
factory overheads
Explanation:
Production cost refers to prime cost plus Factory overheads.
Answer is:
Halsey plan
Explanation:
Halsey plan wage incentive plan guarantees minimum wage to a worker and bonus is paid for the fixed percentage of time saved.
Answer is:
is applied to all level of workers
Explanation:
Halsey plan of wage incentive Is applied to all level of workers.