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Breakeven Point and Target Income Quizzes Online MCQs PDF Download eBook

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"If the fixed cost is $50000 and the contribution margin percentage is 20%, then the breakeven revenue will be", breakeven point and target income Multiple Choice Questions (MCQ) with choices $150,000, $100,000, $250,000, and $225,000 for online bachelor's degree in business management. Learn cost volume profit analysis questions and answers to improve problem solving skills for online business degree. Breakeven Point & Target Income Video

Breakeven Point & Target Income Questions and Answers PDF Download eBook

Breakeven Point and Target Income Quiz

MCQ: If the fixed cost is $50000 and the contribution margin percentage is 20%, then the breakeven revenue will be

  1. $100,000
  2. $150,000
  3. $250,000
  4. $225,000

C

Use of Variances Quiz

MCQ: If the static budget variance is $46000 and the static budget amount is $15000, then an actual result would be

  1. $80,000
  2. $71,000
  3. $61,000
  4. $31,000

D

Customer Revenues and Costs Quiz

MCQ: In the static budget, the difference between corresponding budgeted amount and actual result is called

  1. sales mix variance
  2. sales volume variance
  3. flexible budget variance
  4. static budget variance

D

Price and Efficiency Variance Quiz

MCQ: If the budgeted input quantity is 350 units and efficiency variance is 100, then an actual input quantity will be

  1. 250 units
  2. 450 units
  3. 550 units
  4. 650 units

B

Price and Efficiency Variance Quiz

MCQ: If the budgeted input price is $80 and the price variance is $40, then an actual price will be

  1. $20
  2. $120
  3. $40
  4. $60

B