Asked by
alsome zombie
on Nov 02, 2024Verified
In breakeven analysis,the costs that change with the level of production are considered _____ costs.
A) variable
B) recoverable
C) labor
D) fixed
Variable Costs
Expenses that change in proportion to the activity or volume of production in a business, such as materials and labor.
Breakeven Analysis
Breakeven Analysis is a financial calculation to determine the point at which revenues equal costs, indicating no profit or loss.
Labor
Includes anyone who works, including both the physical labor and the intellectual inputs contributed by workers.
- Comprehend the idea of variable and fixed costs in making pricing choices.
Verified Answer
RS
Learning Objectives
- Comprehend the idea of variable and fixed costs in making pricing choices.