Match the following: List-I List-II P. Excess of actual sales over break-even sale volume 1. Contribution Q. Sum of fixed cost and profit 2. Cost-volume profit analysis R. Break-even analysis 3. No profit, no loss S. Bre
CS Executive · Cost and Management Accounting · PYQS · December 2015
Match the following: List-I List-II P. Excess of actual sales over break-even sale volume 1. Contribution Q. Sum of fixed cost and profit 2. Cost-volume profit analysis R. Break-even analysis 3. No profit, no loss S. Break-even point 4. Margin of safety Select the correct answer from the options given below — P Q R S
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Marginal Costing
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