Break Even
Authored by Debs Kapa
Other
10th - 12th Grade
Used 279+ times
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11 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one is not included in the Break Even formula?
variable costs per unit
total fixed costs
selling price per unit
cost price per unit
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does break even point show?
where a business is neither making a profit or loss
how many items to make
how much profit they're making
where a business has more fixed costs than variable
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is break even point measures?
dollars
loss
profit
items
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What assumption does this statement say "Break even is 54 units"?
if we sell 55 we aren't making a profit
if we sell 54 we begin to make a profit
if we sell 55 we begin to make a profit
if we sell 54 we are at break even point
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the margin of safety?
the margin between projected units and break even point units
the margin between profit and loss
the margin between units and sales
the margin between each break even point
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one is an example of a fixed cost?
resources
materials
temporary wages
rates
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is contribution margin?
cost price - selling price
fixed costs - variable costs
selling price - variable cost
selling price - cost price
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