Quiz: Calculating Break-Even Using Contribution
WJEC Eduqas GCE A LEVEL in BUSINESS specification
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Building on what you've learned about costs, revenues, and profit, let's focus on calculating break-even using contribution!
What is the formula for calculating contribution per unit?
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Which of the following are components required to calculate break-even? (Select all that apply)
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Break-even occurs when total {{blank0}} equals total {{blank1}}.
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Match the items on the left with their correct pairs on the right
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A product sells for £15, with variable costs of £5 per unit. Fixed costs are £2,000. Calculate the contribution per unit.
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Using the contribution per unit of £10 and fixed costs of £2,000, calculate the break-even output.
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Match the items on the left with their correct pairs on the right
If a business reduces its fixed costs, what happens to the break-even point?
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Which of the following could help a business lower its break-even point? (Select all that apply)
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