Quiz 29: Break Even Quiz

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1. What is the missing term in the break even formula below?
Break even revenue = Operating expenses / ?
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2. What is the missing term in the break even formula below?
Break even units = Operating expenses / (Selling price – ?)
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3. What is the missing term in the target profit formula below?
Break even units = (Operating expenses + ?) / (Selling price – Cost )
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4. If the fixed operating expenses are 40,000, and the gross margin percentage is 80%, what is the break even revenue for the business?
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5. As the gross margin percentage increases, what happens to the break even revenue?
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6. As the fixed operating expenses of a business increase, what happens to the break even revenue?
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7. If a business has fixed operating expenses of 60,000, a gross margin percentage of 50% and wants to achieve a target profit of 14,000, what level of revenue does it need?
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8. If a business has fixed operating expenses of 55,000, a unit cost price of 8.50, what selling price per unit must it charge to break even at 5,000 units ?
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9. Break even occurs when?
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10. A business is said to be at break even when ?
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Quiz 29: Break Even Quiz December 14th, 2016Team

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