MBA Cost Accounting Practice Tests

MBA Cost Accounting Online Tests

Free *Gross Margin Calculations Multiple Choice Questions (MCQ Quiz) with Answers PDF* (Gross Margin Calculations MCQ PDF e-Book) download to practice MBA Cost Accounting Tests. Study Cost Volume Profit Analysis Multiple Choice Questions and Answers (MCQs), Gross Margin Calculations quiz answers PDF for bachelors in accounting online. The *Gross Margin Calculations MCQ* App: Download free learning app for contribution margin versus gross margin, gross margin calculations test prep for online bachelor degree programs in business administration.

The MCQ: *If gross margin is $6000 and total revenue is $26000, then gross margin percentage will be;* "Gross Margin Calculations" App Download (Free) with answers ‘23.08%’, ‘24.08%’, ‘25.08%’ and ‘26.08%’ for bachelors in accounting online. Practice Gross Margin Calculations Quiz Questions, download Amazon eBook (Free Sample) to learn free online courses.

**MCQ 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

**MCQ 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

**MCQ 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

**MCQ 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

**MCQ 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

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