Accounting MCQs

1590 MCQs  (Page 89 of 159)

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If the contribution margin is $25000 and the revenues are $60000, then all the variable costs will be __________?
A. −$85000
B. −$35000
C. $85,000
D. $35,000
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If the contribution margin is $72000 and the operating income is $12000, then the degree of operating leverage would be ___________?
A. 8
B. 7
C. 6
D. 5
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If the breakeven revenue is $360000 and the revenue per bundle is $12000, then the number of bundles to be sold to breakeven can be ___________?
A. 52 bundles
B. 48 bundles
C. 45 bundles
D. 30 bundles
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If the margin of safety is $25000 and the budgeted revenue is $45000, then the margin of safety in percentage will be __________?
A. 55.56%
B. 25.50%
C. 28%
D. 45.00%
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The formula to calculate the contribution margin is ___________?
A. Revenue – all variable cost
B. Revenue + all variable cost
C. Cost + revenue
D. Revenue – breakeven units
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The set of all the occurrences that may happen in near future or in any other fixed time are called __________?
A. Events
B. Distribution
C. Outcome
D. Actions
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If the gross margin is $9000 and the cost of goods sold is $8000 then the revenue will be _________?
A. $1,000
B. −$1000
C. $17,000
D. −$17000
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If the fixed cost is $20000, the target operating income is $10000 and the contribution margin per unit is $1200 then required units to be sold will be __________?
A. 55 units
B. 45 units
C. 35 units
D. 25 units
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If the budgeted revenue is $50000 and the breakeven revenue is $35000, then the margin of safety would be ____________?
A. $12,000
B. $14,000
C. $15,000
D. $16,000
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The gross margin is $7000 and the revenues are $16000, then the cost of goods sold would be __________?
A. $23,000
B. −$23000
C. −$9000
D. $9,000
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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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