Test: Break Even Analysis - 2


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7 Questions MCQ Test Topicwise Question Bank for Mechanical Engineering | Test: Break Even Analysis - 2

Test: Break Even Analysis - 2 for Mechanical Engineering 2022 is part of Topicwise Question Bank for Mechanical Engineering preparation. The Test: Break Even Analysis - 2 questions and answers have been prepared according to the Mechanical Engineering exam syllabus.The Test: Break Even Analysis - 2 MCQs are made for Mechanical Engineering 2022 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Break Even Analysis - 2 below.
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Test: Break Even Analysis - 2 - Question 1

 Breakeven analysis consists of

Test: Break Even Analysis - 2 - Question 2

In breakeven analysis, total cost consist of

Test: Break Even Analysis - 2 - Question 3

The breakeven volume for a product can be reduced by

Detailed Solution for Test: Break Even Analysis - 2 - Question 3

Breakeven volume

Test: Break Even Analysis - 2 - Question 4

A company sells 14,000 units of its product. It has a variable cost of Rs. 15 per unit. Fixed cost is Rs. 47,000 and total required profit is Rs. 23,000. Per unit product price (in Rs.) will be

Detailed Solution for Test: Break Even Analysis - 2 - Question 4

Total number of product sold by a company =14000
Variable cost per unit = Rs. 15
Fixed cost = Rs. 47,000 
Total profit = Rs. 23,000

Test: Break Even Analysis - 2 - Question 5

Match List-I (Cost/revenue parameter) with List-ll (Break-even chart’s parameter) and select the correct answer using the code given below the lists:
List-I
A. Facility cost
B. Total cost
C. Sales revenue
D. Production quantity 
List-lI

Test: Break Even Analysis - 2 - Question 6

Consider the following statements in respect of break-even point:
1. Revenue is equal to total cost.
2. Revenue is equal to variable cost.
3. Profit/Loss is equal to zero.
Which of these statements is/are correct?

Test: Break Even Analysis - 2 - Question 7

If a company’s total sales is Rs. 50,000 and (P/V) ratio is 50% and margin of safety percentage is 40%, then break-even point sale is

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