Accounting MCQs

1590 MCQs  (Page 88 of 159)

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The difference between the flexible budget amount and the corresponding static budget amount is classified as ___________?
A. Sales revenue variance
B. Cost profit variance
C. Profit volume variance
D. Sales volume variance
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If the sales quantity is 7000 units and the breakeven quantity is 1500 units, then the margin of safety would be __________?
A. 4500 units
B. 5500 units
C. 8500 units
D. 9500 units
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If the target net income is $36000 and the tax rate is 40%, then the target operating income will be __________?
A. $10,000
B. $20,000
C. $40,000
D. $60,000
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If the breakeven revenue is $220000 and the revenue per bundle is $10000, then the number of bundles to be sold to breakeven will be ___________?
A. 32 bundle
B. 22 bundle
C. 42 bundle
D. 38 bundle
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If the margin of safety is $35000 and the budgeted revenue is $80000, then the margin of safety in percentage will be _____________?
A. 32.75%
B. 43.75%
C. 53%
D. 22%
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If the contribution margin is $3000 and the revenues are $9000, then all the variable costs will be ____________?
A. $12,000
B. $6,000
C. −$6000
D. −$12000
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The contribution margin is divided to operate income to calculate ______________?
A. Degree of operating leverage
B. Degree of change
C. Degree of change in margin
D. Degree of change in income
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The graph, which shows the change in sold quantity and its effect on operating income is called ___________?
A. Pv graph
B. Cv graph
C. So graph
D. Qi graph
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If the contribution margin of bundle is $45000 and the revenue of the bundle is $15000, then the contribution margin percentage for bundle will be ___________?
A. 6%
B. 3%
C. 9%
D. 12%
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If the fixed cost is $65000 and the contribution margin percentage for the bundle is 0.575, then the breakeven revenue will be ____________?
A. $113,043.48
B. $1,200,000
C. $130,000
D. $140,000
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Word of the Day
18 Jul
Proactive
(of a person or action) creating or controlling a situation rather than just responding to it after it has happened.
فعال، پیش قدمی کے ذریعے صورتحال پر قابو پانیوالا

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