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ACCA Cost Volume Profit Analysis — practice questions

Explore 5 free Cost Volume Profit Analysis questions in ACCA Accounting. Open each question or exercise to read its content, reference answers and available explanation.

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Cost Volume Profit Analysis questions and exercises with answers

Showing questions 1–5 of 5.

Work the CVP arithmeticRead the answer and worked solution →Tap the fixed and variable costsRead the answer and worked solution →Match each CVP termRead the answer and worked solution →True or false: cost-volume-profitRead the answer and worked solution →Complete the CVP rulesRead the answer and worked solution →

Worked practice questions

Work the CVP arithmetic

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Questions
  1. Answer
    60
    Question
    Price $100, variable cost $40. Contribution margin?
  2. Answer
    60
    Question
    Margin $60 on a $100 price. Ratio as a percent?
  3. Answer
    225
    Question
    Fixed costs $13,500, margin $60 a unit. Break-even units?
Instructions
Type the value for each question.
_Source: OpenStax Principles of Accounting, Volume 2: Managerial Accounting (CC BY-NC-SA 4.0), Ch 3 'Cost-Volume-Profit Analysis'_

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Tap the fixed and variable costs

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Questions
  1. Items
    1. Text
      Level with volume
      Matches the category
      Yes
    2. Text
      Factory rent
      Matches the category
      Yes
    3. Text
      Per-unit materials
      Matches the category
      No
    4. Text
      Rises with output
      Matches the category
      No
    Category
    Fixed cost
  2. Items
    1. Text
      Per-unit materials
      Matches the category
      Yes
    2. Text
      Rises with output
      Matches the category
      Yes
    3. Text
      Level with volume
      Matches the category
      No
    4. Text
      Factory rent
      Matches the category
      No
    Category
    Variable cost
Instructions
Tap only the items that belong to the named cost class.
_Source: OpenStax Principles of Accounting, Volume 2: Managerial Accounting (CC BY-NC-SA 4.0), Ch 3 'Cost-Volume-Profit Analysis'_

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Match each CVP term

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Matching pairs
  1. Left
    Fixed cost
    Right
    Unchanged across the range
  2. Left
    Variable cost
    Right
    Varies with each unit made
  3. Left
    Contribution
    Right
    Price less variable cost
  4. Left
    CM ratio
    Right
    That margin as a percent
  5. Left
    Break-even
    Right
    Where fixed costs are met
Instructions
Tap a term on the left, then tap its meaning on the right.
_Source: OpenStax Principles of Accounting, Volume 2: Managerial Accounting (CC BY-NC-SA 4.0), Ch 3 'Cost-Volume-Profit Analysis'_

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