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MBA Cost Accounting Certification Exam Tests

MBA Cost Accounting Practice Test 17

Contribution Margin versus Gross Margin Quiz Questions and Answers PDF - 17

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The Quiz: Competitiveness can be best measured by; "Contribution Margin versus Gross Margin" App Download (Free) with answers: Income margin; Gross margin; Sales margin; Cost margin; for online degrees. Learn Financial Ratios Analysis Questions and Answers, Apple eBook to download free sample to study accounting degree courses.

Contribution Margin versus Gross Margin Questions and Answers PDF Download: Quiz 17

MCQ 81:

Competitiveness can be best measured by

  1. Gross margin
  2. income margin
  3. sales margin
  4. cost margin
MCQ 82:

The partial or completed units of manufactured goods, that do not meet customer specifications and get sold at reduced price or simply discarded, are called

  1. spoilage
  2. rework
  3. scrap
  4. equivalence
MCQ 83:

The gross margin is added to the cost of sold goods to calculate

  1. revenues
  2. selling price
  3. unit price
  4. bundle price
MCQ 84:

If the contribution margin is $12000, the total variable cost is $7000, then the total revenue will be

  1. $5,000
  2. −$5000
  3. $19,000
  4. −$19000
MCQ 85:

In process and job costing system, the normal spoilage cost is considered as

  1. conversion costs
  2. sunk costs
  3. inventoriable costs
  4. non inventoriable costs

MBA Cost Accounting Exam Prep Tests

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Contribution Margin versus Gross Margin App (Android & iOS)

Contribution Margin versus Gross Margin App (Android & iOS)

Cost Accounting App (Android & iOS)

Cost Accounting App (iOS & Android)

Financial Markets App (Android & iOS)

Financial Markets App (Android & iOS)

Business Mathematics App (Android & iOS)

Business Mathematics App (iOS & Android)