EE QUIZ_DRAFT

What is the formula for calculating the contribution margin per unit?

• Sales price per unit - Variable cost per unit

• Sales price per unit - Fixed cost per unit

• Sales price per unit - Total cost per unit

• Sales price per unit - Average cost per unit

What is the formula for calculating the breakeven point in units?

• Fixed costs / Contribution margin

• Fixed costs / Contribution margin per unit

• Fixed costs / Sales price per unit

• Fixed costs / Variable cost per unit

What is the formula for calculating the margin of safety in percentage?

• (Actual sales - Breakeven sales) / Actual sales

• (Actual sales - Breakeven sales) / Breakeven sales

• (Breakeven sales - Actual sales) / Actual sales

• (Breakeven sales - Actual sales) / Breakeven sales

What is the assumption that CVP analysis makes about the sales price, fixed costs, and variable costs per unit?

• They are constant

• They are variable

• They are mixed

• They are irrelevant

What is the effect of increasing the sales price per unit on the breakeven point, assuming that the fixed costs and variable costs per unit remain unchanged?

• It increases the breakeven point

• It decreases the breakeven point

• It has no effect on the breakeven point

• It depends on the contribution margin ratio

What is the fixed cost in the cost function C_T=C_F+C_V ?

• C_T

• C_F

• C_V

• None of the above

What is the average variable cost per unit in the cost function C_T= C_F + x * C_V?

• C_T

• C_F

• x*C_V

• None of the above

What is the name of the technique that compares the costs and benefits of different design alternatives in order to select the most cost-effective one?

• Cost modeling

• Cost estimation

• Cost-benefit analysis

• Cost optimization

What is the name of the method that evaluates how the cost of a design solution changes with respect to changes in the design variables or parameters?

• Cost modeling

• Cost estimation

• Sensitivity analysis

• Multi-objective optimization

What is the name of the approach that considers multiple conflicting objectives, such as cost, quality, and performance, in the design optimization process?

• Cost modeling

• Cost estimation

• Sensitivity analysis

• Multi-objective optimization