Cost & Management Accounting
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Budgeting and Variance Analysis
Budgeting and Variance Analysis - Advanced Concepts
Budgeting and Variance Analysis - Applications
Budgeting and Variance Analysis - Case Studies
Budgeting and Variance Analysis - Competitive Exam Level
Budgeting and Variance Analysis - Higher Difficulty Problems
Budgeting and Variance Analysis - Numerical Applications
Budgeting and Variance Analysis - Problem Set
Budgeting and Variance Analysis - Real World Applications
Cost Classification and Terminology
Cost Classification and Terminology - Advanced Concepts
Cost Classification and Terminology - Applications
Cost Classification and Terminology - Case Studies
Cost Classification and Terminology - Competitive Exam Level
Cost Classification and Terminology - Higher Difficulty Problems
Cost Classification and Terminology - Numerical Applications
Cost Classification and Terminology - Problem Set
Cost Classification and Terminology - Real World Applications
Marginal Costing Basics
Marginal Costing Basics - Advanced Concepts
Marginal Costing Basics - Applications
Marginal Costing Basics - Case Studies
Marginal Costing Basics - Competitive Exam Level
Marginal Costing Basics - Higher Difficulty Problems
Marginal Costing Basics - Numerical Applications
Marginal Costing Basics - Problem Set
Marginal Costing Basics - Real World Applications
Q. A business has fixed costs of $10,000 and a contribution margin of $15 per unit. How many units must be sold to break even?
Q. A business has fixed costs of $50,000 and a contribution margin of $10 per unit. How many units must be sold to break even?
Q. A company budgeted $200,000 for direct materials but actually spent $220,000. What is the direct materials variance?
Q. A company budgeted $200,000 for production costs but incurred $220,000. What is the variance?
Q. A company budgeted for $200,000 in production costs but incurred $220,000. What is the cost variance?
Q. A company budgeted for 5,000 hours of labor at a rate of $20 per hour. If the actual labor cost was $110,000 for 6,000 hours, what is the labor efficiency variance?
Q. A company expects to sell 1,000 units at a price of $20 each. If the variable cost per unit is $12, what is the expected total contribution margin?
Q. A company has a budgeted direct material cost of $30,000 but incurs $32,000. What is the direct material variance?
Q. A company has a budgeted fixed overhead of $100,000 and actual fixed overhead of $90,000. What is the fixed overhead variance?
Q. A company has a budgeted sales revenue of $500,000 and actual sales revenue of $450,000. What is the sales variance?
Q. A company has a budgeted sales volume of 10,000 units at $20 each. If actual sales are 9,000 units at $22 each, what is the sales volume variance?
Q. A company has a budgeted sales volume of 5,000 units at a selling price of $50 per unit. What is the total budgeted revenue?
Q. A company has a budgeted variable cost of $3 per unit for 10,000 units. If the actual variable cost is $4 per unit for 12,000 units, what is the total variable cost variance?
Q. A company has a fixed cost of $60,000 and a contribution margin of $15 per unit. How many units must be sold to achieve a profit of $24,000?
Q. A company has a selling price of $150, variable costs of $90, and fixed costs of $30,000. What is the break-even point in sales dollars?
Q. A company has a selling price of $300, variable costs of $180, and fixed costs of $60,000. What is the break-even sales revenue?
Q. A company has a total cost of $100,000, with fixed costs of $40,000. What is the variable cost if 4,000 units are produced?
Q. A company has a total cost of $50,000 for producing 1,000 units. If the fixed cost is $20,000, what is the variable cost per unit?
Q. A company has a variable cost of $12 per unit and a selling price of $20 per unit. What is the contribution margin ratio?
Q. A company has fixed costs of $12,000 and a contribution margin of $20 per unit. If they sell 1,000 units, what is their profit?
Q. A company has fixed costs of $20,000 and a contribution margin of $10 per unit. How many units must be sold to achieve a profit of $10,000?
Q. A company has fixed costs of $20,000 and a contribution margin of $10 per unit. How many units must be sold to break even?
Q. A company has fixed costs of $20,000 and a contribution margin of $5 per unit. How many units must be sold to break even?
Q. A company has fixed costs of $20,000 and a contribution margin ratio of 25%. What is the sales revenue needed to break even?
Q. A company has fixed costs of $30,000 and a contribution margin of $10 per unit. How many units must be sold to achieve a target profit of $10,000?
Q. A company has fixed costs of $30,000 and a contribution margin of $15 per unit. How many units must be sold to break even?
Q. A company has fixed costs of $50,000 and variable costs of $20 per unit. If they sell 3,000 units, what is the total cost?
Q. A company incurs $10,000 in fixed costs and has a contribution margin of $25 per unit. How many units must be sold to achieve a target profit of $15,000?
Q. A company incurs a total cost of $120,000 to produce 10,000 units. If fixed costs are $40,000, what is the marginal cost per unit?
Q. A company incurs a total cost of $15,000 for producing 1,200 units. If the fixed costs are $5,000, what is the variable cost per unit?
