All MCQs for Competitive Exams
MCQSAll MCQs for Competitive Exams
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2374 MCQs
Page 233
Topic Notes: Competitive Exams
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2321
A company has sales of 2,200,000, total fixed costs of 570,000, variable costs of 1,540,000, and 22,000 units sold. If the raw material cost (part of variable costs) is reduced by 2%, what is the new Break-Even Point (BEP) in units?
Answer: Select an option or tap Answer & Solution.
Explanation will appear after you reveal the answer.
2322
If the contribution margin per unit is $500 and the contribution margin ratio is 25%, what is the selling price per unit?
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2323
Calculate the total fixed cost if the contribution margin per unit is $700 and the break-even quantity is 40 units.
Answer: Select an option or tap Answer & Solution.
Explanation will appear after you reveal the answer.
2324
Calculate the number of units required to achieve a target operating income of $10,000, given fixed costs of $20,000 and a contribution margin per unit of $1,200.
Answer: Select an option or tap Answer & Solution.
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2325
To calculate the number of units required to achieve a target operating income, which value is divided into the sum of total fixed costs and target operating income?
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2326
What is the primary purpose of calculating the contribution margin percentage?
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2327
A company operates at 80% capacity, producing 150,000 units at 100% capacity. Variable cost is 14 per unit, and total fixed costs are 800,000. What unit price is required to achieve a 400,000 profit?
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2328
If the target net income is $9,600 and the applicable tax rate is 40%, what is the required target operating income?
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2329
If the contribution margin per unit is $500 and the break-even point is 35 units, what is the total fixed cost?
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2330
In absorption costing, which point is influenced by the contribution margin per unit and fixed operating/manufacturing costs?
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