Cost Volume Profit Analysis MCQs

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The break-even point is the point where:






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The break-even point in units is calculated using:






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The margin of safety can be defined as:






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Which of the following represents the calculation of the contribution margin ratio?






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The following monthly data are available for the Boarder, Inc. and its only product: Unit sales price, $36; Unit variable expenses, $28; Total fixed e...






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Terrell, Inc. sells a single product at a selling price of $40 per unit. Variable costs are $22 per unit and fixed costs are $82,800. Terrell’s...






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Barton Co. has sales of 2,000 units at $70 per unit. Variable costs are 40% of the sales price. If total fixed costs are $44,000, the degree of operat...






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Keller Co. sells a single product for $28 per unit. If variable costs are 65% of sales and fixed costs total $9,800, the break-even point will be (rou...






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The Martin’s variable costs are 35% of sales. Martin is contemplating an advertising campaign that will cost $25,000. If sales are expected to ...






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The contribution margin ratio is 30% for Spice Co and the breakeven point in sales is $150,000. If the company desires a target net income of $60,000,...