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Gross Margin Calculations Multiple Choice Questions with Answers – PDF Download

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Learn Gross Margin Calculations Multiple Choice Questions (MCQ Quiz) with Answers PDF to gain professional skills. Download the Gross Margin Calculations MCQ PDF e-Book to learn BBA Cost Accounting Tests. Study Cost Volume Profit Analysis Multiple Choice Questions and Answers (MCQs), Gross Margin Calculations quiz answers PDF to develop costing expertise. Download the Gross Margin Calculations MCQ App: Free BBA Cost Accounting Study App to learn contribution margin versus gross margin, gross margin calculations test prep for remote degree study.

Free "Gross Margin Calculations MCQ" App Download with MCQ: If the cost of goods sold is $8000, the gross margin is $5000 then the revenue will be; with answers: $13,000, −$13000, $3,000, and &minus$3000. Practice Gross Margin Calculations Quiz Questions, download Apple Book (Free Chapter) to gain professional skills.

Gross Margin Calculations MCQs PDF Download – Prep Test

MCQ 1: If the cost of goods sold is $8000, the gross margin is $5000 then the revenue will be:

  1. $13,000
  2. −$13000
  3. $3,000
  4. −$3000

MCQ 2: If the gross margin is $6000 and the total revenue is $26000, then the gross margin percentage will be:

  1. 23.08%
  2. 24.08%
  3. 25.08%
  4. 26.08%

MCQ 3: The gross margin is $7000 and the revenues are $16000, then the cost of goods sold would be:

  1. $23,000
  2. −$23000
  3. −$9000
  4. $9,000

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:

  1. 55 units
  2. 45 units
  3. 35 units
  4. 25 units

MCQ 5: If the contribution margin per unit is $40 per unit and selling price is $200, then the contribution margin percentage would be:

  1. 20%
  2. 10%
  3. 22%
  4. 16%

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