Professional Courses
Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.
Categories
Interactive Games
Fun, engaging games to boost memory, math fluency, typing speed, and English skills—perfect for learners of all ages.
Typing
Memory
Math
English Adventures
Knowledge
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is a direct cost?
💡 Hint: Think of costs you can trace back to a specific item.
Question 2
Easy
Give an example of a fixed cost.
💡 Hint: What costs don't change regardless of production levels?
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is a direct cost?
- Costs traceable to a specific cost object
- Overhead costs for the entire company
- Variable costs related to production
💡 Hint: Think about costs tied directly to items produced.
Question 2
True or False: Fixed costs change with production levels.
- True
- False
💡 Hint: Remember: Fixed costs do not fluctuate.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
A company produces software with a fixed cost of $30,000 and a variable cost of $50 per unit. How many units must they sell to break even if they sell the software for $100 per unit?
💡 Hint: Focus on the contribution margin to calculate the break-even point.
Question 2
Analyze how a business can adjust its pricing strategy if the marginal cost of a product increases unexpectedly.
💡 Hint: Contemplate the balance between cost and customer willingness to pay.
Challenge and get performance evaluation