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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 to learn online MBA accounting courses. 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
MCQ: If the fixed cost is $50000 and the contribution margin percentage is 20%, then the breakeven revenue will be
- $100,000
- $150,000
- $250,000
- $225,000
C
MCQ: If the static budget variance is $46000 and the static budget amount is $15000, then an actual result would be
- $80,000
- $71,000
- $61,000
- $31,000
D
MCQ: In the static budget, the difference between corresponding budgeted amount and actual result is called
- sales mix variance
- sales volume variance
- flexible budget variance
- static budget variance
D
MCQ: If the budgeted input quantity is 350 units and efficiency variance is 100, then an actual input quantity will be
- 250 units
- 450 units
- 550 units
- 650 units
B
MCQ: If the budgeted input price is $80 and the price variance is $40, then an actual price will be
- $20
- $120
- $40
- $60
B