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# Constant Gross Margin Percentage NRV Method MCQ (Multiple Choice Questions) PDF - 110

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The Constant Gross Margin Percentage NRV Method Multiple Choice Questions (MCQ) with Answers PDF, Constant Gross Margin Percentage NRV Method MCQs PDF e-Book download Ch. 10-110 to solve MBA Cost Accounting Practice Tests. Study Cost Allocation Joint Products and Byproducts quiz answers PDF, Constant Gross Margin Percentage NRV Method Multiple Choice Questions (MCQ Quiz) to learn online schools courses. The Constant Gross Margin Percentage NRV Method MCQs App: Free download educational app for constant gross margin percentage nrv method, flexible budget: cost accounting, manufacturing, merchandising and service sector companies, pricing strategies, gross margin calculations test prep for accredited online business schools.

The MCQs: Gross margin is subtracted from sales value of all production to yield; "Constant Gross Margin Percentage NRV Method MCQs" App (Android & iOS) with answers: Production cost incurred on product; Labor cost incurred on product; Marketing cost incurred on product; to learn online schools courses. Practice Cost Allocation Joint Products and Byproducts Questions and Answers, Google eBook to download free sample for online business administration colleges.

## Constant Gross Margin Percentage NRV Method Questions and Answers : Quiz 110

MCQ 546:

The gross margin is subtracted from sales value of all production to yield

1. labor cost incurred on product
2. production cost incurred on product
3. marketing cost incurred on product
4. all of above
MCQ 547:

The difference between the flexible budget amount and the corresponding actual result is called

1. corresponding variance
2. resultant variance
3. flexible budget variance
4. static budget variance
MCQ 548:

The companies that buy the raw materials and convert them into the finished goods for customers are a part of

1. manufacturing sector companies
2. merchandising sector companies
3. service sector companies
4. raw material companies
MCQ 549:

The companies that perform in competitive markets using the pricing approach are known as

1. independent revenue approach
2. market based approach
3. dependent revenue approach
4. cost based approach
MCQ 550:

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

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