Accounting MCQs

1590 MCQs  (Page 107 of 159)

Attempt Accounting MCQs Quiz
At the break-even point, an operating income must be equal to ____________?
A. $3,000
B. $2,000
C. $1,000
D. Zero
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The quantity of manufactured goods are sold at which the total cost equal, is known as _____________?
A. Breakeven point
B. Cost point
C. Revenue point
D. Quantity point
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If the contribution margin per unit is $700 per unit and the break-even per unit is $40, then the fixed cost would be _____________?
A. $35,000
B. $28,000
C. $17,500
D. $82,000
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If the selling price is $2000 and the contribution margin per unit is $800, then the contribution margin percentage would be ____________?
A. $14,000
B. $25,700
C. $16,000
D. $25,000
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If the contribution margin per unit is $500 and the contribution margin percentage is 25%, then the selling price will be ____________?
A. $2,000
B. $5,250
C. $4,280
D. $3,860
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If the fixed cost is $40000 and the contribution margin per unit is $800 per unit, then the breakeven of units will be ___________?
A. 60 units
B. 30 units
C. 50 units
D. 70 units
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In a relevant range, the variable cost per unit, selling price and total fixed costs are ___________?
A. Unknown and variable
B. Known and variable
C. Unknown and constant
D. Known and constant
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If the contribution margin percentage is 20% and the selling price is $4000, then contribution margin per unit will be ______________?
A. $200
B. $400
C. $600
D. $800
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If the fixed cost is $30000 and the contribution margin per unit is $600 per unit, then the breakeven in units will be ____________?
A. 50 units
B. 60 units
C. 70 units
D. 65 units
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The selling price is multiplied to quantity of sold units to calculate _____________?
A. Revenues
B. Sold quantity
C. Sold price
D. Bulk price
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Word of the Day
19 Jul
Vicinity
the area near or surrounding a particular place.
آس پاس کا علاقہ، محلہ ، پڑوس

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