Pak
QuizHub
Home
Important MCQs
Past Papers
About
Contact
Privacy
Cost Volume Profit Analysis
/
MCQs
Cost Volume Profit Analysis – MCQs
43 questions. Click to practice.
Show Answers
Correct options are highlighted when revealed.
1.
At what level of production does the total revenue exactly cover the total costs, resulting in neither profit nor loss?
breakeven point
cost threshold
revenue level
production quantity
profit margin
2.
Given a selling price of $2000 and a contribution margin per unit of $800, what is the contribution margin percentage?
40%
50%
60%
30%
45%
3.
Given that the contribution margin per unit is $500 and the contribution margin ratio is 25%, what is the selling price per unit?
$2,000
$5,250
$4,280
$3,860
4.
Within the relevant range, how are the variable cost per unit, selling price, and total fixed costs characterized?
uncertain and changing
certain and changing
uncertain but unchanging
certain and unchanging
5.
Given a fixed cost of $40,000 and a contribution margin of $800 per unit, how many units must be sold to break even?
60 units
30 units
50 units
70 units
40 units
6.
Given a fixed cost of $30,000 and a contribution margin of $600 per unit, how many units must be sold to break even?
50 units
60 units
70 units
65 units
7.
What is the contribution margin per unit if the contribution margin ratio is 20% and the unit selling price is $4000?
$200
$400
$600
$800
8.
What do you get when you multiply the selling price by the number of units sold?
total revenue
quantity sold
sale price per unit
wholesale price
cost price
9.
What do you obtain when you divide the contribution margin per unit by the selling price?
fixed cost ratio
contribution margin ratio
variable cost ratio
break-even ratio
profit margin ratio
10.
In manufacturing firms, which of the following is considered a driver of both revenue and costs?
expenses that vary with production
expenses related to produced goods
quantity of products sold
all the options listed
11.
Given a fixed cost of $50,000 and a contribution margin ratio of 20%, what is the breakeven sales revenue?
$100,000
$150,000
$250,000
$225,000
12.
To determine the selling price, the contribution margin per unit is divided by which of the following?
price percentage
margin value
contribution amount
selling price
cost price
13.
What is obtained by dividing fixed costs by the contribution margin?
Breakeven sales revenue
Overall sales income
Constant income
Fluctuating income
14.
What do you get when you divide the contribution margin per unit by the product's selling price?
percentage of selling margin
percentage of cost margin
percentage of discount
percentage of contribution margin
15.
Given that the contribution margin per unit is $800 and the selling price per unit is $20,000, what is the contribution margin ratio expressed as a percentage?
17 percent
14 percent
4 percent
25 percent
None of the above
16.
What term describes the difference between the selling price of a product and its variable cost per unit?
contribution margin per unit
variable margin per unit
selling margin per unit
sales per unit
17.
What is the total variable cost if each unit costs $25 to produce and 5,000 units are sold?
$155,000
$125,000
$135,000
$145,000
18.
Given that the break-even sales volume is 120 units and the total fixed costs amount to $62,000, what is the contribution margin per unit?
$74,400
$7,440,000
$516.67
$51,667
19.
Given that the contribution margin per unit is $1,000 and the contribution margin ratio is 25%, what is the selling price per unit?
$2,500
$4,000
$3,800
$3,800
20.
Given that total revenue amounts to $10,000 and total variable costs are $4,000, what is the contribution margin?
$25,000
$14,000
$6,000
$8,400
← Previous
Page 2 of 3
Next →
Cost Volume Profit Analysis – MCQs | PakQuizHub