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4

If F is the fixed cost, V is the variable cost per unit (or total variable costs) and P is the selling price of each unit (or total sales value), then breakeven point is equal to

A. (F × V)/P

B. (F × P)/V

C. F/[1 + (V/P)]

D. F/[1 - (V/P)]

Correct Answer :

D. F/[1 - (V/P)]


Related Questions

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4

Which of the following statement is correct about the network diagram?

A. The events are represented graphically by circles or nodes at the beginning and the end of activity by arrows.

B. The tail end of the arrow represents the start of an activity.

C. The head of the arrow represents the end of an activity.

D. All of the above

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4

Which of the following layouts is suited to job production?

A. Process layout

B. Product layout

C. Fixed position layout

D. Plant layout

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4

The allowed time for a job equals standard time plus

A. Policy allowance

B. Interference allowance

C. Process allowance

D. Learning allowance

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4

Works cost implies

A. Primary cost

B. Factory cost

C. Factory expenses

D. Primary cost + factory expenses

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4

A diagram showing the path followed by men and materials while performing a task is known as

A. String diagram

B. Flow process chart

C. Travel chart

D. Flow diagram

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4

The objective of time study is to determine the time required to complete a job by

A. Fast worker

B. Average worker

C. Slow worker

D. New entrant

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4

Travel charts provide

A. An idea of the flow of materials at various stages

B. A compact estimate of the handling which must be done between various work sections

C. The information for changes required in rearranging material handling equipment

D. An approximate estimate of the handling which must be done at a particular station

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4

In the Emerson efficiency plan, a worker receives only his daily wage and no bonus is paid till his efficiency reaches

A. 50 %

B. 66.67 %

C. 75 %

D. 80 %

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4

Routing prescribes the

A. Flow of material in the plant

B. Proper utilization of man power

C. Proper utilization of machines

D. Inspection of final product

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4

The time of completing a project in network analysis is given by following time of the critical activity meeting at the final triode

A. Early finish

B. Early start

C. Late start

D. Late finish

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4

Break-even analysis consists of

A. Fixed expenses

B. Variable cost

C. Sales revenue

D. All of these

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4

Slack of various events on the critical path in PERT/CPM chart

A. Increases continuously

B. Decreases continuously

C. Remain constant

D. May increase or decrease depending on various factors

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4

In fixed position layout

A. Total production cost is less

B. Material movement is less

C. Capital investment is minimum

D. All of these

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4

In a functional organisation

A. Quality of work is better

B. Wastage of material is minimum

C. Specialised knowledge and guidance to individual worker is provided

D. All of the above

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4

Halsey plan of wage incentive

A. Is not applied to all level of workers

B. Is applied to all level of workers

C. Does not guarantee minimum wage

D. Is based upon efficiency of worker

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4

Acceptance sampling is widely used in

A. Batch production

B. Job production

C. Mass production

D. All of the above

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4

The most suitable incentive plan for the maintenance section of an industry will be

A. Piece rate system

B. Group incentive plan

C. Profit sharing plans

D. Simplification

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4

The appellate authority for an industrial dispute is

A. Management

B. Labour court

C. High court/supreme court

D. Board of directors

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4

For material transportation, conveyors are used when the prevailing conditions include

A. Loads are uniform

B. Routes do not vary

C. Materials move relatively continuously

D. All of these

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4

The correct sequence of phases in value engineering is

A. Creative phase, information phase, investigation phase, evaluation phase

B. Information phase, creative phase, investigation phase, evaluation phase

C. Investigation phase, information phase, creative phase, evaluation phase

D. Creative phase, investigation phase, evaluation phase, information phase

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4

In value engineering, important consideration is given to

A. Customer satisfaction

B. Function concept

C. Profit maximisation

D. Cost reduction

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4

A graphical device used to determine the breakeven point and profit potential under varying conditions of output and costs, is known as

A. Gantt chart

B. Flow chart

C. Breakeven chart

D. PERT chart

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4

The bonus increases in proportion to the increase in efficiency. This statement applies to

A. Halsey plan

B. Gantt plan

C. Emerson's efficiency plan

D. Rowan plan

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4

The reasons which are basically responsible for the formation of a queue should be that

A. The average service rate Hess than the average arrival rate

B. Output rate is linearly proportional to input

C. Output rate is constant and the input varies in a random manner

D. All of the above

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4

In micro-motion study, therblig is described by

A. A symbol

B. An event

C. An activity

D. Standard symbol and colour

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4

Work study comprises following main techniques

A. Method study and work measurement

B. Method study and time study

C. Time study and work measurement

D. Method study and job evaluation

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4

Which of the following depreciation system ensures that the interest be charged on the cost of machine asset every year on the book value, but the rate of depreciation every year remains constant

A. Sinking fund method

B. Straight line method

C. ABC charging method

D. Annuity charging method

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4

In the Halsey 50-50 plan, the following are rewarded more

A. Past good workers

B. Past poor workers

C. Past average workers

D. All of the above

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4

The employees provident fund act is applicable to

A. All industries

B. All industries other than small and medium industries

C. Volunteers

D. The industries notified by Government

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4

In CPM, the cost slope is determined by

A. Crash cost/Normal Cost

B. (Crash Cost - Normal cost)/ (Normal time - Crash time)

C. Normal Cost/Crash cost

D. (Normal cost - Crash cost)/ (Normal time - Crash time)