CVP ANALYSIS EXAM
QUESTIONS GRADE A+
CVP ANALYSIS - ANSWERSmanagement's study of the relationship among cost, volume, profit.
CVP ANALYSIS - ANSWERSthis study is used in planning, controlling, evaluating the objective of
the entity
BREAK EVEN POINT - ANSWERSindicates the point at which the entity neither makes a profit nor
suffers a loss
BREAK EVEN POINT - ANSWERSpoint where sales less variable cost and fixed cost result in zero
profit
CONTRIBUTION MARGIN - ANSWERSexcess of sales over variable cost
sales revenue - variable cost
sales revenue - variable cost - ANSWERScontribution margin formula
cm/sales revenue - ANSWERSCONTRIBUTION MARGIN RATIO
selling price per u - variable cost per u - ANSWERSCONTRIBUTION MARGIN PER UNIT
SALES MIX - ANSWERSrelative combination of products that compose a company's total sales
QUESTIONS GRADE A+
CVP ANALYSIS - ANSWERSmanagement's study of the relationship among cost, volume, profit.
CVP ANALYSIS - ANSWERSthis study is used in planning, controlling, evaluating the objective of
the entity
BREAK EVEN POINT - ANSWERSindicates the point at which the entity neither makes a profit nor
suffers a loss
BREAK EVEN POINT - ANSWERSpoint where sales less variable cost and fixed cost result in zero
profit
CONTRIBUTION MARGIN - ANSWERSexcess of sales over variable cost
sales revenue - variable cost
sales revenue - variable cost - ANSWERScontribution margin formula
cm/sales revenue - ANSWERSCONTRIBUTION MARGIN RATIO
selling price per u - variable cost per u - ANSWERSCONTRIBUTION MARGIN PER UNIT
SALES MIX - ANSWERSrelative combination of products that compose a company's total sales
