Break Even Point Revision

Break Even Point Revision

9th - 11th Grade

6 Qs

quiz-placeholder

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Break Even Point Revision

Break Even Point Revision

Assessment

Quiz

Business

9th - 11th Grade

Medium

Created by

Nicholas Higgins

Used 5+ times

FREE Resource

6 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a business doing at the break-even point?

Making a profit

Making a loss

Making neither a profit or a loss

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the formula for Margin of safety?

Actual sales - Sales at Break Even Point

Actual Sales + Sales at Breakeven Point

Actual Sales x Sales at Breakeven point

Actual Sales / Sales at Breakeven Point

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

On a break even chart, what line does the total revenue line meet at the break even point?

Fixed Cost Line

Variable Cost Line

Total Cost Line

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When does the break-even point change?

When costs go up

When costs go down

When cost change

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When does the break-even point fall?

When costs go up

When costs go down

When costs change

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the average variable costs £10, average selling price is £25 and fixed costs are £60,000, then what is the break-even output?

4,000

5,000

6,000