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Breakeven Point & Target Income Quiz Questions and Answers 161 PDF Download

Practice breakeven point & target income quiz, cost accounting quiz online 161 to learn. Free accounting MCQs questions and answers to learn breakeven point & target income MCQs with answers. Practice MCQs to test knowledge on breakeven point and target income, use of variances, customer revenues and costs, price and efficiency variance worksheets.

Free breakeven point & target income worksheet has multiple choice quiz question as if fixed cost is $50000 and contribution margin percentage is 20%, then breakeven revenue will be, answer key with choices as $100,000 , $150,000 , $250,000 and $225,000 problem solving to test study skills. For viva learning help and jobs' interview preparation tips, study online cost volume profit analysis multiple choice questions based quiz question and answers. Breakeven Point & Target Income Video

Quiz on Breakeven Point & Target Income Quiz PDF Download Worksheet 161

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