Bachelor Of Business Administration

Cost Accounting Quizzes

Cost Accounting BBA MCQs - Complete

Contribution Margin versus Gross Margin Quizzes Online MCQs p. 17

Contribution Margin versus Gross Margin quiz questions, contribution margin versus gross margin multiple choice questions and answers PDF 17 to learn Cost Accounting BBA course for college certification. Practice "Financial Ratios Analysis" quiz, contribution margin versus gross margin Multiple Choice Questions (MCQ) for online college degrees. Free contribution margin versus gross margin MCQs, cvp analysis, spoilage, rework and scrap terminology, contribution margin versus gross margin test prep for accredited online schools for business management.

"Competitiveness can be best measured by", contribution margin versus gross margin Multiple Choice Questions (MCQ) with choices income margin, gross margin, sales margin, and cost margin for online business administration and management degree. Learn financial ratios analysis questions and answers to improve problem solving skills for bachelor's degree in business.

Contribution Margin versus Gross Margin Questions and Answers

1.

Competitiveness can be best measured by

Gross margin
income margin
sales margin
cost margin

2.

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

spoilage
rework
scrap
equivalence

3.

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

revenues
selling price
unit price
bundle price

4.

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

$5,000
−$5000
$19,000
−$19000

5.

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

conversion costs
sunk costs
inventoriable costs
non inventoriable costs