Learn Accounting Quiz, Notes & Technology Articles

Break Even Point Quiz Questions 158 Tests pdf Download

Learn quiz on break even point, cost accounting quiz 158 to practice. Free accounting MCQs questions and answers to learn break even point MCQs with answers. Practice MCQs to test knowledge on break even point, internal controls accounting, planning of variable and fixed overhead costs, types of inventory, constant gross margin percentage nrv method worksheets.

Free break even point worksheet has multiple choice quiz questions as if contribution margin per unit is $700 per unit and break-even per unit is $40, then fixed cost would be, answer key with choices as $35,000, $28,000, $17,500 and $82,000 to test study skills. For eLearning, study online cost volume profit analysis multiple choice questions based quiz questions and answers. Break Even Point Video

Quiz on Break Even Point Quiz pdf Download Worksheet 158

Break Even Point Quiz

MCQ. If contribution margin per unit is $700 per unit and break-even per unit is $40, then fixed cost would be

  1. $35,000
  2. $28,000
  3. $17,500
  4. $82,000

B

Internal Controls Accounting Quiz

MCQ. Master budget includes all projections of company's budget and focuses on

  1. serial correlation
  2. marketing plan
  3. financial plan
  4. both B and C

D

Planning of Variable and Fixed Overhead Costs Quiz

MCQ. A company must eliminate all those activities that do not add value to all products or services in planning of

  1. variable overhead cost
  2. fixed overhead cost
  3. fixed batch cost
  4. variable batch cost

A

Types of Inventory Quiz

MCQ. An inventory which consists of stock waiting to be used In process of manufacturing is known as

  1. finished goods inventory
  2. indirect material inventory
  3. direct materials inventory
  4. work in process inventory

C

Constant Gross Margin Percentage NRV Method Quiz

MCQ. If percentage of overall gross margin is 15 and final sales value of whole production is $20000, then gross margin (in dollars) will be

  1. $30,000
  2. $300,000
  3. $40,000
  4. $400,000

B