Question Tag: Break-even

Search 500 + past questions and counting.

MI – Nov 2020 – L1 – SA – Q2 – Cost-Volume-Profit (CVP) Analysis, Break-Even Point

Calculate the total fixed costs using the break-even point and contribution margin.

Question

Given breakeven point of 6,000 units, unit selling price of N90, and unit variable cost of N40, the total fixed cost is:

A. N240,000

B. N300,000

C. N360,000

D. N540,000

E. N600,000

Answer

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Tags: Break-even, Fixed Costs, Selling Price, Variable Costs
Level: Level 1

Topic: Cost-Volume-Profit (CVP) Analysis
Series: NOV 2020

MI – Nov 2020 – L1 – SA – Q2 – Cost-Volume-Profit (CVP) Analysis, Break-Even Point

Calculate the total fixed costs using the break-even point and contribution margin.

Question

Given breakeven point of 6,000 units, unit selling price of N90, and unit variable cost of N40, the total fixed cost is:

A. N240,000

B. N300,000

C. N360,000

D. N540,000

E. N600,000

Answer

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Tags: Break-even, Fixed Costs, Selling Price, Variable Costs
Level: Level 1

Topic: Cost-Volume-Profit (CVP) Analysis
Series: NOV 2020

Elevate your professional expertise across key business domains with our comprehensive training programs

Our offerings

Contact Info

Customer

Get In Touch

Follow us on our social media and get daily updates.