Accounting MCQs

1590 MCQs  (Page 135 of 159)

Attempt Accounting MCQs Quiz
In variable costing, the change in operating income is driven only by changes in _________?
A. Quantity of units sold
B. Quantity of units manufactured
C. Increase in units sold
D. Decrease in units sold
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If the production is greater than sales, then operating income under variable costing is _________?
A. Negative income value
B. Lower income
C. Higher income
D. Zero dividends
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Under absorption costing, the fixed cost of manufacturing is deferred to some ___________?
A. Present period
B. Future period
C. Yearly period
D. Monthly period
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If the selling price is $2500, variable manufacturing cost per unit is $1000 and variable marketing cost per unit is $500, then contribution margin per unit will be ___________?
A. $4,000
B. $2,500
C. $1,000
D. $15,000
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In manufacturing companies, the variable and absorption costing are methods, which are used in __________?
A. Recording of liabilities
B. Costing of current assets
C. Costing of machinery
D. Costing of inventories
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If the per unit budget per unit cost is $200 and budgeted production units are 350, then fixed budgeted manufacturing costs will be __________?
A. $40,000
B. $60,000
C. $70,000
D. $50,000
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If the contribution margin per unit is $7500, selling price is $1300 and variable manufacturing cost per unit is $1700, then per unit cost of marketing would be _________?
A. $4,500
B. $5,500
C. $6,500
D. $7,500
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The cost which is excluded from inventoriable costs in variable costing method is called _________?
A. Variable factory overheads
B. Fixed manufacturing cost
C. Variable manufacturing costs
D. Fixed factory overheads
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If the contribution margin per unit is $12300 and the change in sold quantity of units is 50, then change in variable costing operating income will be __________?
A. $315,000
B. $415,000
C. $615,000
D. $515,000
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The selling price minus variable manufacturing cost per unit, minus variable marketing cost per unit is equal to _____________?
A. Fixed margin per unit
B. Variable margin per unit
C. Contribution margin per batch
D. Contribution margin per unit
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Word of the Day
22 Jul
Combative
ready or eager to fight or argue.
لڑاکا، متنازع، جھگڑالو

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