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. If a company has a standard cost of $5 per unit and the actual cost is $6 per unit, what type of cost variance is this?
Q. If a company has a standard cost of $50 per unit and produces 1,000 units, what is the total standard cost?
Q. If a company has a static budget of $100,000 for 10,000 units and actual production is 12,000 units, what is the flexible budget amount for actual production?
Q. If a company has a total revenue of $500,000 and total variable costs of $300,000, what is the total contribution margin?
Q. If a company has a total sales of $200,000 and total variable costs of $120,000, what is the contribution margin ratio?
Q. If a company has a total sales revenue of $50,000 and total variable costs of $30,000, what is the total contribution?
Q. If a company has a total variable cost of $80,000 for producing 4,000 units, what is the variable cost per unit?
Q. If a company has fixed costs of $10,000 and a contribution margin per unit of $50, how many units must be sold to break even?
Q. If a company has fixed costs of $5,000 and variable costs of $15 per unit, what is the total cost for producing 200 units?
Q. If a company has fixed costs of $5,000 and variable costs of $15 per unit, what is the marginal cost per unit?
Q. If a company has fixed costs of $50,000 and a contribution margin of $20 per unit, how many units must it sell to break even?
Q. If a company has fixed costs of $60,000 and a contribution margin ratio of 40%, what is the sales required to break even?
Q. If a company has total costs of $200,000 and sells 4,000 units, what is the average cost per unit?
Q. If a company has variable costs of $5 per unit and fixed costs of $2,000, what is the total cost for producing 500 units?
Q. If a company produces 1,000 units at a total cost of $15,000, what is the average cost per unit?
Q. If a company produces 200 units and incurs total variable costs of $4,000, what is the variable cost per unit?
Q. If a company sells 1,000 units at $20 each and has variable costs of $12 per unit, what is the contribution margin?
Q. If a company sells 1,000 units at $50 each and has variable costs of $30 per unit, what is the total contribution?
Q. If a company sells 1,000 units at a selling price of $25 per unit and variable costs of $15 per unit, what is the total contribution?
Q. If a company sells 1,000 units at a selling price of $50 each and has variable costs of $30 per unit, what is the total contribution?
Q. If a company sells 3,000 units at a selling price of $20 per unit and incurs total variable costs of $30,000, what is the total contribution?
Q. If a company sells 500 units at a selling price of $100 and has variable costs of $60 per unit, what is the total contribution?
Q. If a company sells 500 units at a selling price of $15 each and incurs variable costs of $6 per unit, what is the total contribution?
Q. If a company sells a product for $50 and has variable costs of $30, what is the break-even point in units if fixed costs are $20,000?
Q. If a company wants to achieve a profit of $10,000 and has fixed costs of $4,000, how much contribution margin is needed if the contribution margin per unit is $25?
Q. If a company wants to achieve a profit of $10,000 and has fixed costs of $5,000 with a contribution margin of $10 per unit, how many units must be sold?
Q. If a product has a contribution margin of $50 and fixed costs of $10,000, how many units need to be sold to achieve a target profit of $5,000?
Q. If a product has a selling price of $100, variable costs of $60, and fixed costs of $10, what is the break-even point in sales dollars?
Q. If a product has a selling price of $100, variable costs of $60, and fixed costs of $20, what is the contribution per unit?
Q. If a product has a selling price of $50, variable costs of $30, and fixed costs of $10, what is the contribution margin?
