Accounting - Break-even

Fixed costs change as the number of sales increases.

• True

• False

Variable costs depend on the number of sales.

• True

• False

Selling price per unit means the total of all sales.

• True

• False

A loss is made until the break-even point is reached.

• True

• False

Raw materials are an example of fixed costs.

• True

• False

Rent is an example of a fixed cost.

• True

• False

The break-even point can only be expressed in money terms.

• True

• False

Advertising is an example of a variable cost.

• True

• False

If a company 'breaks even' then this means that they are making neither a profit or a loss.

• True

• False

How confident do you feel in terms of the work on Break-even that we have done so far?

• I feel 100% confident, I am ready to move on to the next stage.

• I need more time on break-even tasks that we've been doing.