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Gross Margin Calculations Multiple Choice Questions (MCQ) PDF Download

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The 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%; 26.08%; for bachelors in accounting online. Practice Gross Margin Calculations Quiz Questions, download Apple eBook (Free Sample) to learn free online courses.

Gross Margin Calculations MCQs: Questions and Answers

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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