Free Printable Break-even

Worksheets

Break-even

Total questions: 15

Worksheet time: 9mins

Name

Class

Date

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

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

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 not yet at break even point

What is one limitation to calculating break even?

helps projected sales

based on estimates

based on multiple products

considers stock wastage

My total costs are £50,000 when selling 100 items. My fixed costs are £20,000. What must be the variable cost of one item?

£300

£500

£200

Cannot be calculated

What is the break-even point in units for a company whose total fixed costs are £275,450; selling price per unit is £16; and variable cost per unit is £14.75?

220,360

150,300

183,633

225,120

Fixed costs: = £30,000

Variable cost: = £200 per photo shoot

Forecast output (Sales): = 140 photo shoots

Selling price: = £1000 per photo shoot

What is the Total Contribution?

£112 000

£112 500

£375

£800

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

What is the formula for contribution?

cost price - selling price

fixed costs - variable costs

selling price - variable cost

selling price - cost price

10.

To draw the BE graph you must plot Total Costs and ........

Total Production

Total Revenue

Total Fixed Costs

Total Units

11.

Some business costs are classified as fixed costs because they

must be paid within a set time

don't change when sales go up or down

are unpredictable and must be estimated

cost all businesses the same amount

12.

The formula to calculate revenue is:

REVENUE = FIXED COSTS + VARIABLE COSTS

REVENUE = VARIABLE COSTS * PRICE

REVENUE = UNITS SOLD * PRICE

REVENUE = UNITS SOLD * TOTAL COSTS

13.

What is represented by the purple region in the break even diagram shown here?

The break even point

Profit

Loss

14.

What is represented by the orange region in the break even diagram shown here?