Break-Even Point Quiz

Means of determining the break –even point

• Break-even costs

• Break-even point

• Break-even analysis

• Break-even calculation

A cost that is independent of the volume of units produced.

• fixed

• price

• revenue

• variable

A cost that is determined on a per-unit basis

• fixed

• price

• revenue

• variable

Is the income obtained by producing or selling certain number of units?

• fixed

• price

• revenue

• variable

The difference between the selling price and the variable cost.

• break-even analysis

• break –even point

• contribution margin

• revenue

Methods of Break-even Point

• algebraic & graphical

• graphical & using formula

• graphical, algebraic & using formula

• none of these

The level of production by a company, which is expressed as the number of units (quantity) produced and sold.

• cost

• profit

• revenue

• volume

The difference between total sales and total cost or the income generated by the sale of a product.

• cost

• profit

• revenue

• volume

The usual number of different costs that must be taken into account in order to determine profit.

• cost

• profit

• revenue

• volume

Contribution margin:

• ₱85.00

• ₱95.00

• ₱105.00

• ₱205.00