If break-even number of units are 120 units and the fixed cost is $62000, then the contribution margin per unit will be __________?
A. $74,400 B. $7,440,000 C. $516.67 D. $51,667
Accounting MCQs with Answers
If the variable cost per unit is $25 and the quantity of units sold is 5000, then the total variable cost would be __________?
A. $155,000 B. $125,000 C. $135,000 D. $145,000
The difference between variable cost per unit and the selling price can be classified as _____________?
A. contribution margin per unit B. variable margin per unit C. selling margin per unit D. sale per unit
The contribution margin per unit is divided by the selling price of the product to calculate ______________?
A. selling margin percentage B. cost margin percentage C. discount percentage D. contribution margin percentage
The fixed cost is divided to contribution margin to calculate _____________?
A. breakeven revenue B. total revenue C. fixed revenue D. variable revenue
The contribution margin per unit is divided by contribution margin percentage to calculate ______________?
A. percentage price B. margin price C. contribute price D. selling price
If the fixed cost is $50000 and the contribution margin percentage is 20%, then the breakeven revenue will be _____________?
A. $100,000 B. $150,000 C. $250,000 D. $225,000
In manufacturing companies, the revenue and cost drivers are categorized under ____________?
A. variable costs B. costs of goods sold C. number of units sold D. all of above
The contribution margin per unit is divided by selling price to calculate ____________?
A. fixed margin percentage B. contribution margin percentage C. variable margin percentage D. breakeven margin percentage