BBA Finance Degree Courses

Chapter 17: MBA Cost Accounting Exam Tests

MBA Cost Accounting MCQs - Chapter 17

Financial Ratios Analysis Quiz Questions & Answers PDF Download - 7

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The Quiz: If the gross margin is $9000 and the cost of goods sold is $8000 then the revenue will be; "Financial Ratios Analysis" App (iOS, Android) with answers: −$1000; $1,000; $17,000; −$17000; for online accounting degree courses. Study Flexible Budget: Cost Accounting Quiz Questions, download Amazon eBook (Free Sample) for online college courses for business management.

Financial Ratios Analysis Exam Questions and Answers PDF Download: Test 7

MCQ 31:

If the gross margin is $9000 and the cost of goods sold is $8000 then the revenue will be

  1. $1,000
  2. −$1000
  3. $17,000
  4. −$17000
MCQ 32:

The economic results that are predicted for possible combinations of events are classified as

  1. margin
  2. distribution
  3. collection
  4. outcome
MCQ 33:

The formula to calculate the contribution margin is

  1. revenue - all variable cost
  2. revenue + all variable cost
  3. cost + revenue
  4. revenue - breakeven units
MCQ 34:

If the fixed cost is $10000, the target operating income is $8000 and the contribution margin per unit is $900, then required units to be sold will be

  1. 45 units
  2. 30 units
  3. 20 units
  4. 52 units
MCQ 35:

If the margin of safety is $25000 and the budgeted revenue is $45000, then the margin of safety in percentage will be

  1. 55.56%
  2. 25.50%
  3. 28%
  4. 45.00%

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Financial Ratios Analysis App (Android & iOS)

Financial Ratios Analysis App (Android & iOS)

Cost Accounting App (Android & iOS)

Cost Accounting App (iOS & Android)

Business Mathematics App (Android & iOS)

Business Mathematics App (Android & iOS)

Business Statistics App (Android & iOS)

Business Statistics App (iOS & Android)