The selling price is multiplied to quantity of sold units to calculate _____________?
A. revenues B. sold quantity C. sold price D. bulk price
Accounting MCQs with Answers
If the fixed cost is $30000 and the contribution margin per unit is $600 per unit, then the breakeven in units will be ____________?
A. 50 units B. 60 units C. 70 units D. 65 units
If the fixed cost is $40000 and the contribution margin per unit is $800 per unit, then the breakeven of units will be ___________?
A. 60 units B. 30 units C. 50 units D. 70 units
In a relevant range, the variable cost per unit, selling price and total fixed costs are ___________?
A. unknown and variable B. known and variable C. unknown and constant D. known and constant
If the contribution margin per unit is $500 and the contribution margin percentage is 25%, then the selling price will be ____________?
A. $2,000 B. $5,250 C. $4,280 D. $3,860
If the selling price is $2000 and the contribution margin per unit is $800, then the contribution margin percentage would be ____________?
A. $14,000 B. $25,700 C. $16,000 D. $25,000
The quantity of manufactured goods are sold at which the total cost equal, is known as _____________?
A. breakeven point B. cost point C. revenue point D. quantity point
If the contribution margin per unit is $700 per unit and the break-even per unit is $40, then the fixed cost would be _____________?
A. $35,000 B. $28,000 C. $17,500 D. $82,000
At the break-even point, an operating income must be equal to ____________?
A. $3,000 B. $2,000 C. $1,000 D. zero