48. Lesson 8(DOT)5(COLON) Cost-Volume-Profit (Break-Even) Analysis
Lesson Focus — Quiz
Test your understanding of lesson focus with 5 practice questions.
Practice Questions
Question 1
What is the contribution per unit if a product sells for $20, has variable costs of $12, and fixed costs are not considered for this calculation?
Question 2
If the total sales revenue is $50,000 and the contribution margin ratio is 40%, what is the total contribution margin?
Question 3
To break even, how many units must a company sell if the fixed costs are $10,000 and the contribution per unit is $5?
Question 4
If the break-even point is 300 units, and the selling price per unit is $25, what is the break-even revenue?
Question 5
What does the contribution-to-sales (C/S) ratio indicate if it is calculated as 0.6?