Bachelor Of Business Administration

Cost Accounting MCQs

BBA: Cost Accounting MCQs - Subtopic

Gross Margin Calculations Multiple Choice Questions (MCQ) to practice gross margin calculations quiz answers PDF, cost accounting worksheets for online degrees. Solve financial ratios analysis Multiple Choice Questions and Answers (MCQs), "Gross Margin Calculations" quiz questions and answers for online college classes. Learn contribution margin versus gross margin, gross margin calculations test prep for online business administration degree.

"If the cost of goods sold is $8000, the gross margin is $5000 then the revenue will be" Multiple Choice Questions (MCQ) on gross margin calculations with choices *$13,000, −$13000, $3,000, and −$3000* for online college classes. Solve gross margin calculations quiz questions for merit scholarship test and certificate programs for online colleges for business management.

1.

If the cost of goods sold is $8000, the gross margin is $5000 then the revenue will be

$13,000

−$13000

$3,000

−$3000

a

2.

If the gross margin is $6000 and the total revenue is $26000, then the gross margin percentage will be

23.08%

24.08%

25.08%

26.08%

a

3.

The gross margin is $7000 and the revenues are $16000, then the cost of goods sold would be

$23,000

−$23000

−$9000

$9,000

d

4.

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

55 units

45 units

35 units

25 units

d

5.

If the contribution margin per unit is $40 per unit and selling price is $200, then the contribution margin percentage would be

20%

10%

22%

16%

a

Gross Margin Calculations MCQs

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