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

Learn breakeven point & target income quiz, online cost accounting test 161 for online courses, distance learning. 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 for BBA online study questions with answers.

Free breakeven point & target income course worksheet has multiple choice quiz question as if fixed cost is $50000 and contribution margin percentage is 20%, then breakeven revenue will be with options $100,000 , $150,000 , $250,000 and $225,000 with problems solving answer key to test study skills for online e-learning, viva help and jobs' interview preparation tips, study 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 & Target Income Quiz

MCQ. If fixed cost is $50000 and contribution margin percentage is 20%, then breakeven revenue will be

  1. $100,000
  2. $150,000
  3. $250,000
  4. $225,000

C

Use of Variances Quiz

MCQ. If static budget variance is $46000 and 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 & Costs Quiz

MCQ. In static budget, 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 & Efficiency Variance Quiz

MCQ. If 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 & Efficiency Variance Quiz

MCQ. If budgeted input price is $80 and price variance is $40, then an actual price will be

  1. $20
  2. $120
  3. $40
  4. $60

B